Caissa, LLC, a leading software firm dedicated to providing risk and portfolio management solutions to institutional investors, today announced that Partners HealthCare System, Inc. has selected Caissa to facilitate the aggregation of exposures and management of liquidity across the institution’s wide range of investment vehicles and asset classes.
Gildas Quinquis, Director Portfolio Management & Investment Analytics, said:
We selected the Caissa Platform because of its potential to help us leverage our data to improve investment decisions. This product will allow us to combine performance, exposure, liquidity and risk metrics for all our investment portfolios in a single platform, aggregating all detailed data into strategic insights at the plan level. We are also excited at the prospect of streamlining our reporting, improving staff efficiency and enhancing business continuity. Finally, the flexibility of the software and the willingness of the Caissa team to adapt to our requirements were major contributors to our decision. We plan to complete our testing this summer before full adoption in the fall.
“We are very excited about adding Partners HealthCare System to our growing roster of institutional clients. As we begin the implementation phase, we are confident the Caissa Platform will offer PHS a holistic and multidimensional view of the total plan’s risk exposures as a key component of asset allocation decisions. We look forward to working closely with them in rolling out new features designed for investors with large and complex portfolios,” said David Hsu, CEO of Caissa, LLC.