Premialab, a leading provider of data, analytics, and risk solutions, today announced that State Super (SAS Trustee Corporation) had selected its technology to deliver portfolio management and risk solutions.
Premialab, which opens its doors officially in Australia this month, offers products and services based on its unique data set, provided by 18 investment banks around the world. The company helps its institutional clients – which include pension funds, sovereign wealth funds and asset managers – to efficiently allocate assets, select strategies, and enhance portfolio returns while controlling risk. Managing Director and locally based Australia head, Marc Fisher, said the company was very proud to be selected by State Super - a key client in Premialab’s growing Australian business.
“Premialab has received an incredible reception in Australia, because we offer something that has never been available here before,” he said. “Our platform can put the microscope over any fund, any product, any strategy, and really understand at an atomic level whether that investment is delivering from a risk perspective, a fee perspective and a strategy perspective for that specific mandate.”
Alan Chan, Senior Investment Manager at State Super, said the fund had chosen Premialab based upon their ability to deliver granular, actionable data in real time. “State Super was established over 100 years ago, and today we remain focused on ensuring we have the best systems in place to manage our members’ retirement savings in the safest, most efficient way possible,” he said. “Premialab demonstrated that they could add capability and efficiency to our processes, and we look forward to working with them.”
Premialab’s multi-asset, multi-region platform processes 5 million data points every day on 4,000+ 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 CEO Adrien Geliot said institutional investors were increasingly looking for greater data capabilities and more robust risk management processes, amid turbulent market conditions and a growing desire for real-time transparency. "We are delighted to be in Australia and partnering with State Super to deliver our unique capabilities to the Australian superannuation industry,” he said.
Premialab Australia joins offices in Hong Kong, Paris, London, Stockholm, and New York.
