Premialab, a leading provider of data, analytics, and risk solutions, today announced that Longchamp Asset Management had selected its technology to deliver portfolio management and risk solutions.
Premialab helps its clients manage their systematic and multi-asset portfolios, leveraging a unique data set provided by the world’s largest 18 investment banks. Premialab tools streamline asset allocation and strategy selection, and maximise portfolio returns, while efficiently controlling risk. Co-founder and CEO Adrien Géliot said the company was delighted to welcome Longchamp to Premialab’s rapidly expanding European business.
“Longchamp is an exceptional firm and a specialist in Quantitative Investment Strategies - QIS - which is the heart of the Premialab business,” he said. “Our products draw together the collective intelligence of over 5,000 liquid systematic strategies to deliver the only independent benchmarking and analysis toolset for these strategies available in the world today. I am delighted to work with Longchamp to deliver our atomic-level solutions to their outstanding team.”
Longchamp Directeur Général Remi Genlot said Premialab was a natural fit within the firm’s business model. “QIS is one of Longchamp’s main areas of expertise - we trade with all major QIS providers on an open architecture basis; we use QIS in our discretionary funds and mandates; and we provide fund wrapped solutions to banks and their clients,” he said. “PremiaLab is an invaluable partner to help understand and manage risk on a lookthrough basis, aggregated across counterparties, delivered in real-time within state-of-the-art report frameworks.”
Premialab Co-founder and COO Pierre Trecourt said momentum was building rapidly in the systematic trading sector as a growing range of firms use these strategies for liquid, real-time expression. We sit at the centre of the systematic trading world as the only firm that can aggregate and make sense of its massive, expanding universe of data”.
Premialab’s multi-asset, multi-region platform processes 5 million data points every day on 5,000+ investible systematic strategies, with clients AUM representing an estimated USD$5 trillion. The Premialab platform and Premialab Pure Factors® together offer cross-asset quantitative strategy selection, and due diligence on strategies available across global markets. The platform also delivers faster, more detailed risk management and reporting, including regulatory reporting. Premialab has offices in Paris, London, Stockholm, New York, Hong Kong and Sydney.