FactSetMedia Relations Contact: Amy Bowman203.810.2144 Abowman@factset.com Investor Relations Contact: Rima Hyder857.265.7523 Rima.firstname.lastname@example.org
NORWALK, Conn., March 07, 2018 (GLOBE NEWSWIRE) -- FactSet, a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that one of Canada's largest and most diversified institutional investment managers, Alberta Investment Management Corporation (AIMCo), selected FactSet as its investment risk management solution. Driven by the convergence of risk and performance, increasing regulation, and more sophisticated investment strategies, FactSet has been expanding its multi-asset class (MAC) solutions for more than 20 years. With the recent launch of FactSet's linear risk model and the integration of the Cognity fat tail approach acquired through the recent acquisition of BISAM, it now has one of the strongest MAC analytics, performance, and risk management offerings in the industry. "To be considered world class in our approach to risk management, AIMCo required a partner that complemented our organization, and enabled us to focus on our core competency. By providing us a holistic platform that enables us to truly integrate risk management with portfolio management, while addressing market data management and operations, FactSet is that partner," said Remco van Eeuwijk, Chief Risk Officer, Alberta Investment Management Corporation. Following implementation by FactSet's Professional Services Group, AIMCo will have access to FactSet's award-winning solutions for risk management, portfolio analytics and investment research, as well as its industry-leading client service. "This is an important win for FactSet, as it showcases the benefits of FactSet's unified risk capabilities, which are a powerful combination of our strong multi-asset class risk offering advanced by the Cognity risk framework. Working with a market leader like AIMCo also reinforces our commitment to the Canadian market," said Rob Robie, Senior Vice President, Global Head of Analytics Solutions, FactSet. Learn more about FactSet's risk analytics solutions: https://www.factset.com/analytics/quant. About Alberta Investment Management CorporationAlberta Investment Management Corporation is a Canadian-headquartered institutional investment manager with offices in Edmonton, Toronto, London (UK) and Luxembourg. With more than $95.7 billion of assets under management, AIMCo is responsible for the investments of 32 pension, endowment and government funds in Alberta and works closely with their clients to ensure their strategies meet the client's objectives. On their behalf, AIMCo places investments across all asset classes and markets to maximize return on risk. Learn more at https://www.aimco.alberta.ca/ About FactSetFactSet (NYSE:FDS) (NASDAQ:FDS) delivers superior analytics, service, content, and technology to help more than 88,000 users see and seize opportunity sooner. We are committed to giving investment professionals the edge to outperform, with fresh perspectives, informed insights, and the industry-leading support of our dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions and repeatedly ranked as one of Fortune's 100 Best Companies to Work For and a Best Workplace in the United Kingdom and France. Subscribe to our thought leadership blog to get fresh insight delivered daily at insight.factset.com. Learn more at www.factset.com and follow on Twitter: www.twitter.com/factset.