Asset Management
At Probability & Partners, we empower asset management companies with robust risk management and compliance solutions while maintaining cost efficiency. Drawing on executive-level experience in asset management, we deliver pragmatic, results-driven strategies tailored to your unique needs.
Our team of skilled junior and medior quants and risk managers ensures effective risk management with cost-effective execution in run and change. Our deep risk management experience and knowledge allows us to point out to our clients potential losses in their portfolio’s at risk over a wide range of investment strategies (ie. capital fund management, alternative investment management, discretionary and fiduciary fund management).
Our Services
Risk Management
Our Risk as a Managed Service model provides flexible, high-quality support in financial and non-financial risk management. Our services include:
- Conducting investment risk assessments.
- Delivering independent risk opinions on investment proposals.
- Delivering independent risk opinions on financial risks (including operational risks) and market risks
- Overseeing the outsourcing of critical business functions to ensure compliance and operational resilience.
We bring expert interim professionals to your team, ensuring you remain resilient in a rapidly changing landscape.
Performance Measurement & Reporting
We implement advanced performance measurement and reporting systems tailored to your needs:
- Expertise in platforms like Ortec’s Pearl and BlackRock’s Aladdin.
- Development of custom performance dashboards to track financial and ESG metrics.
- Integration of financial and ESG performance tracking into a unified framework.
Our solutions provide actionable insights, empowering better investment decisions and transparent reporting.
Model Validation & Development
We provide comprehensive model validation and development services for asset managers, including:
- Validation of ALM models, valuation models, and tracking error models.
- Development of robust financial models aligned with your strategic goals.
- Migration of legacy Excel models into scalable, production-ready environments using R or Python.
Our experts ensure your models are accurate, compliant, and future-ready.
Buy-Side Systems Implementation
Implementing large buy-side systems, such as Investment Book of Record (IBOR), Accounting Book of Record (ABOR), pre-trade compliance, performance measurement, and attribution systems, can be a complex and costly process. These systems are typically supplied by large, powerful, and expensive providers, making it critical to maintain control throughout the implementation process to save both time and resources.
At Probability Asset Management, we partner with you to ensure a smooth and cost-effective implementation. Here’s how we add value:
- Expert Knowledge of Systems: We have deep expertise in the functionality of leading buy-side platforms and understand how to align them with your firm’s business needs.
- Business & IT Alignment: Acting as a bridge between your business operations and IT department, we ensure seamless communication and execution.
- Experience You Can Trust: For you, a system implementation may be a once-in-a-career event. For us, it’s business as usual. You can leverage our experience to avoid common pitfalls and ensure a successful outcome.
Whether you’re implementing systems for compliance, performance, or operational efficiency, we help you take control of the process—saving you money, reducing risks, and minimizing disruption to your day-to-day operations.
Strategy & Governance
We specialize in designing and enhancing strategic risk management frameworks in the context of enterprise risk management (ERM) that align with your organization’s objectives and regulatory requirements. Our services include:
- Conducting Strategic Risk Assessments to identify and mitigate critical risks.
- Defining a clear and actionable Risk Appetite Statement.
- Reviewing and optimizing your Risk Framework for better decision-making.
- Establishing a comprehensive Policy House to strengthen governance and regulatory alignment.
With our expertise, we ensure your risk strategy supports long-term growth and resilience.
Executive Interim Leadership
Our experienced interim executives provide stability and strategic leadership during critical transitions. We offer:
- C-suite Interim Leadership for CEO, CIO, or CRO roles (6-18 months).
- Expertise in business operations, strategic advisory, and transformation initiatives.
- Tailored executive training programs to empower management and supervisory board members.
We help organizations navigate leadership transitions, ensuring continuity and value creation.
ESG Integration
We support asset managers in embedding Environmental, Social, and Governance (ESG) principles into their operations. Our services include:
- Defining clear, measurable ESG objectives linked to your investment strategy.
- Integrating ESG considerations into the investment process.
- Establishing risk-based ESG monitoring to manage and report ESG performance effectively.
- Ensuring compliance with regulatory requirements and alignment with industry best practices.
Our solutions make ESG a core part of your decision-making process, driving sustainable growth.
Capital Adequacy & Regulatory Compliance
We help asset managers meet regulatory requirements through robust ICAAP, ICLAAP, and ICARAP processes. Our services include:
- Designing and executing frameworks aligned with industry best practices.
- Ensuring full compliance with applicable regulatory standards.
- Building resilience into your capital and liquidity adequacy processes.
We deliver solutions that prepare you for regulatory scrutiny while supporting your firm’s long-term stability.
License Application Support
We help asset managers with their license applications. Our services include:
- Designing and executing frameworks aligned with regulatory requirements and industry best practices.
- Ensuring that the risk management function is full compliance with applicable regulatory standards.
We support you with the implementation of governance-, policy- and control frameworks that comply with the regulatory requirements as set and monitored by the Dutch market regulators.
Business Transformation
We help asset managers achieve lasting change through high-impact transformation initiatives, including:
- Optimizing risk and control frameworks to meet industry standards.
- Enhancing performance measurement systems for better decision-making.
- Leading international teams in executing complex change agendas.
Our consultants bring deep industry knowledge in business processes, systems architecture, and IT, ensuring seamless execution without disrupting day-to-day operations. Whether you face resource constraints or need strategic oversight, we help you deliver results efficiently.
Why Probability & Partners?
- Probability & Partners offers tailored solutions in asset management offering a unique approach that combines practitioners, consultants and academic advisors.
- Our practitioners have more than 25 years of experience in the Asset Management sector, this allow us to offer client focused approach which enables us to seamlessly integrate strategic advice with hands-on implementation.
- Probability & Partners has a diverse team with a large team of senior and medior consultants. We have large expertise on quantitative modelling techniques.
Clients
Sector Lead Asset Management
I have been responsible for Group Risk Management twice for nine years. First at Robeco and then at SNS REAAL. In doing so, I managed all risk and control domains: Asset & Liability Management for the bank and insurer, operational risk, compliance, Group Audit, Performance measurement & attribution, actuarial work, funding, capital management, credit risk, etc.
The question why accidents still happen in the financial sector intrigues me, and especially how we can prevent these accidents.
How can the financial sector change permanently? What does risk management look like in an economy that has gone out of balance? What is the influence of the personal motivations of directors? How should the profession of risk management reinvent itself? Do the risk models do what they are supposed to do? What is the influence of supervisors who feel great social pressure not to make mistakes?
Read more about Pim Poppe.
Link to: Pim Poppe
Pim Poppe
Sector Lead Asset Management
Probability & Partners