Product Risk Dashboard
Barrie & Hibbert's Product Risk Dashboard is a regularly updated risk analysis to support the continuous monitoring of retail investment products and their underlying assets in line with specified customer risk profiles and objectives. This is crucial if you are to meet your obligations to continuously review products under regulatory regimes such as TCF, meet the needs and expectations of your clients, and ensure your marketing material is fair and not misleading.
In an environment of lower investment returns and significant market volatility, retail product providers and advisors are increasingly competing on the strength of their investment governance proposition, rather than pure investment performance.
The Product Risk Dashboard delivers quarterly updates to provide early warning of movement in the risk profile of a product or investment solution. The Product Risk Dashboard therefore supports a number of important client requirements and compliance obligations:
- Support the governance process by regularly reviewing the risk profile of products against stated objectives and customer risk profiles.
- Take informed decisions regarding continued suitability of your products given changes in market and economic conditions, as part of a robust product risk governance process.
- Support informed decisions as to whether and how to adjust products to reflect changes in market conditions.
- Objectively support the effective communication of product features to investment advisors and customers.
- Demonstrate adherence to regulatory guidelines and best practice.
- Available in pre-configured modules for Investment, DC Pension and Retirement products.
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Investment Risk Dashboard: monitoring risk for an investment solution
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Product Risk Dashboard: analysing risk over time for investment portfolios
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DC Risk Dashboard: monitoring risk in default pension funds
Benefits
- Strengthens the product proposition: demonstrating a "best-practice" investment governance process provides a clear competitive differentiator for your proposition.
- Provides consistency across the entire product range: the Barrie & Hibbert Product Governance Services cover the full range of investment, pension accumulation, and retirement income products, providing a completely consistent framework for design, governance and communication across the product offering.
- Independent: by using the market-leading risk modelling specialist, our clients are in a stronger position to demonstrate the validity of their products and the strength of their governance process.
- Cost-effective: in Product Risk Map (PRISM) and Product Risk Dashboard, Barrie & Hibbert's modelling expertise has been packaged to meet design and governance needs across different products, offering a simple and highly cost-effective governance solution.
