SunGard’s APT combines user-defined criteria with multiple industries, as well as economic and external factors, to help firms facilitate the measurement and forecasting of risk, portfolio construction and optimization and regulatory compliance.

APT will help Nextam to meet new regulatory mandates, both global and local, and address changing client requirements. APT will help Nextam deliver risk and performance attribution information and reporting in a straight-through processing environment, with detailed analysis of risk according to Italian legislation.

The solution integrates with Nextam Partners’s performance attribution system to provide risk adjusted return figures, as well as with its internal accounting and asset management systems to provide a straight-through risk management process.

Luca Coppola, head of risk at Nextam Partners, said: “With SunGard’s APT, we have a sophisticated risk management solution that is compliant with Italian legislation. The solution provides a simple and efficient way of analyzing the risk of our funds, and provides detailed breakdowns and attributions of the origins of risk.

“It also helps us add value to our unit holders and investors, and helps us bolster our funds business in Italy, which today requires greater sophistication in terms of risk analysis, performance attribution and actual fund management due to strict local regulations.”