Natixis adopts RiskFirst’s risk management platform PFaroe
19 May 2015
The global corporate and investment bank will use RiskFirst’s risk analytics platform, PFaroe, to expand its global corporate solutions business.
New York - Global investment bank Natixis has become the latest to adopt RiskFirst’s real-time analytics and reporting platform, PFaroe. Natixis will use PFaroe to help clients better understand the risk inherent with their defined benefit pension liabilities, allowing more effective solutions.
PFaroe provides a comprehensive suite of liability, asset and risk analytics on a consistent basis. This allows users to interrogate and test potential investment strategies and solutions from multiple perspectives. PFaroe’s regular, easy-to-access analytics then allows solutions to be more effectively monitored and reported.
Richard Ratcliffe, Executive Director of Corporate Solutions at Natixis, says: “PFaroe has provided our global team with another layer of analysis for our growing corporate solutions team. We have clients spread across several jurisdictions, with some clients having defined benefit pension liabilities in more than one country. PFaroe is helping us develop solutions in the US and the UK.”
Matthew Seymour, Managing Director, RiskFirst added: “Natixis is recognized globally for its client-centric approach, investment expertise and technological lead. We are therefore delighted that they have chosen to use PFaroe to help provide a solutions platform. This is another big win for RiskFirst as we continue to make significant inroads in the US and global defined benefit pension market.”
Natixis is the corporate, investment, insurance and financial services arm of Groupe BPCE, the 2nd-largest banking group in France with 36 million clients spread over two retail banking networks, Banque Populaire and Caisse d’Epargne.
With more than 16,000 employees, Natixis has a number of areas of expertise that are organized into three main business lines: Corporate & Investment Banking, Investment Solutions & Insurance, and Specialized Financial Services.
A global player, Natixis has its own client base of companies, financial institutions and institutional investors as well as the client base of individuals, professionals and small and medium-size businesses of Groupe BPCE’s banking networks.
Listed on the Paris stock exchange, it has a solid financial base with a CET1 capital under Basel 3(1) of €13.4 billion, a Basel 3 CET1 Ratio(1) of 10.6% and quality long-term ratings (Standard & Poor’s: A / Moody’s: A2 / Fitch Ratings: A).
(1) Based on CRR-CRD4 rules published on June 26, 2013, including the Danish compromise - no phase-in except for DTAs on loss carry-forwards, pro forma of the DNCA acquisition estimated impact