The Client
New Zealand Superannuation Fund (NZSF) is the sovereign wealth fund of NZ. Its purpose is to help pre-fund the future pension/superannuation liabilities of an increasingly aging NZ population. Since it was established in 2001, the Fund has grown to NZD 45 billion. It is a long-term, growth-oriented fund that invests globally, both directly and through external managers, into a wide range of asset classes and investment products.
The Challenge
NZSF was looking for a solution with proven credit and liquidity risk management functionality. They wanted a single view of risk across multiple public and private asset classes. With a complex portfolio, the fund also sought to improve efficiencies around business intelligence (BI) and strategic analysis as they were relying on manual processes for generating risk reports for senior management.
“NZSF was looking for a solution with proven credit and liquidity risk management functionality. Quantifi’s depth of functionality, speed of analytics, asset coverage and ability to generate scenarios has strengthened the funds risk management capabilities across all risk disciplines.”
Why Quantifi?
- A consolidated view of credit and liquidity risk
- Ability to run forward-looking scenario analysis
- Daily risk reporting along with the ability to drill down data
- Accurate, up-to-date analytics
- Automated risk calculations and reporting
The Results
Having implemented Quantifi, NZSF has experienced a number of benefits:
- Improved transparency and understanding of risk exposures across a portfolio of financial instruments
- Upgraded the fund’s liquidity stress-testing capability
- Reduced operational complexity
- Improved decision-making with daily risk reporting
- Accurate, up-to-date analytics
- Automated risk calculations and reporting
Download the complete case study to see how New Zealand Superfund has strengthened its risk management across risk disciplines and improved operational efficiency.
