It has developed sharp pricing capabilities on an unparalleled range of asset classes, efficiently modelled clients’ liabilities though sophisticated statistical methods and engineered products that accurately replicated clients’ requirements.
“This award is recognition of the effort we put into modelling and trying to describe in the most objective ways what the risks are for our clients,” says Emmanuel Goudouneix, head of global solutions for financial institutions.
Skilled technicians, flexibility and the ability to tap into the diversity of products offered by SG’s investment banking divisions provide a wide range of solutions to ALM clients. “We have a competitive edge because we deal with any kind of asset class,” says Pierre Mirat, European head of the financial institutions group. “Our mathematical expertise enables us to develop hybrid products that mimic perfectly the clients’ needs.”
In a continuous effort to serve its clients with the most innovative solutions, SG is expanding its diversification strategies. “We are investing in what can be the appropriate diversification instruments for our clients. We look at what is the common approach of alternative investments but also what is called hidden assets, alternative assets or new assets classes, such as correlation between credit and equity or listed private equities,” says Mr Goudouneix.
Regulation and pension funds will continue to be the main drivers next year, but the increasing use of more sophisticated asset management tools in new markets also holds a lot of opportunities, he says. “We are contemplating expansion in north African countries and we are developing in central European countries, where there is an increased need for precision in their investments and liabilities.”
