Equity Manager Transforms Risk Management and Institutional Client Reporting Process with Sesame



Skerryvore Asset Management needed a sophisticated risk management and data analysis platform to meet the exacting due diligence requirements of institutional investors and so help grow its business. The cost of setting up a risk function in-house was cost prohibitive for the firm, which opted instead to partner with Landytech for its risk analysis and reporting. Thanks to the partnership, Skerryvore has since secured a number of major institutional mandates.

The Skerryvore Story

Edinburgh-based Skerryvore was established in October 2019 in partnership with multi-boutique investment firm BennBridge. Skerryvore specialises in emerging market equities, as an appointed representative of BennBridge, which acts as the regulated investment manager.

Skerryvore focuses on generating absolute long-term returns by investing in quality companies capable of withstanding the tests of time. As a fundamental, bottom-up investor seeking to identify reasonably valued, high-quality companies that are exposed to or operate in emerging markets, having a sophisticated risk management and data analysis framework is essential.

Before launching Skerryvore, the founders worked at Janus Henderson, a large UK asset manager with $400+ billion in assets. There they serviced institutional clients and could leverage institutional standard systems and reporting capabilities.

"The firm didn’t want to set up and maintain a large risk infrastructure in-house, with all the costs and internal expertise it entails."


The Business Challenge

When establishing Skerryvore, the team wanted the same institutional-level infrastructure support they had enjoyed at Janus Henderson. Because Skerryvore’s capital-raising activities are targeted at institutions and consultants, the firm needed to demonstrate it has robust, high-quality capabilities to meet prospective clients’ demanding due diligence requirements and low tolerance for errors.

But Skerryvore didn’t want to set up and maintain a large risk infrastructure in-house, with all the costs and internal expertise it entails: hiring a chief risk officer, quants and IT specialists; buying, implementing and running a risk system and database; and buying data – expenses that can easily run from $750k to $2.5 million per year.

Skerryvore instead looked for a reliable but flexible partner that could deliver fast, error-free reporting, and help the asset manager achieve its goals.

Why Skerryvore Chose Landytech

Landytech proved the perfect fit.

“Landytech provides outsourced risk reporting and data analysis for both Skerryvore and BennBridge,” explains Ian Tabberer, Portfolio Manager with Skerryvore. “Through this relationship, we have been able to meet the demanding client reporting requirements of Skerryvore’s global institutional investor base.”

Automation and validation are key. Landytech’s investment and risk reporting solution Sesame© centralises investment data of any type and from any source to furnish decision-makers with a single source of truth. Through a strategic partnership with MSCI RiskMetrics, Sesame delivers advanced risk and performance analytics – including customisable scenario analysis, historical and (non)correlated stress testing, VAR sensitivity and performance contribution/attribution – to provide non-tier 1 asset managers with tier 1-quality risk, compliance and client reporting at a fraction of the traditional cost.

Sesame’s intelligent tools allow easy navigation into the complexities of the investment portfolios, producing sophisticated analysis, on-demand visualisations and custom reports, along with critical alerts on any internally determined limits to help users make better and more informed investment decisions. The cutting-edge Sesame risk platform combines with Landytech’s managed service offering to bring the added value of experienced, professional risk oversight.

Today, Landytech produces 30+ reports on a period basis for Skerryvore’s clients. The highly automated process ensures reports are accurate, turned around quickly and delivered in the exact format investors want.

"Through this relationship, we have been able to meet the demanding client reporting requirements of Skerryvore’s global institutional investor base."


Reaping the benefits

Thanks to the partnership with Landytech, Skerryvore received the highest risk rating from a key institutional investor consultancy firm, which in turn has helped the asset manager secure a number of very large institutional mandates.

“Landytech has proven to be open-minded, resourceful and trustworthy in everything it does, and has given Skerryvore the strong technical support we need,” says Tabberer. “From the outset, Landytech has provided suggestions for how we can best achieve our client reporting goals in a timely and accurate manner, offering innovative solutions to the challenges we face in bringing data together from disparate sources. And by acting as a data integrator, Landytech reduces the burden on other parts of our small business.”


Related content

16 Sep 2022 | Blog

The data problem behind SFDR reporting and disclosures
In order to be SFDR compliant, firms will be dependent on both reliable and trustworthy data. Learn more about the key challenges firms need to overcome.
Read blog arrow-read-more

17 Aug 2022 | Guide

Saving time and resources on regulatory reporting
In this guide, we outline the key regulatory reporting challenges and how technology can play a vital role in relieving the operational burden and costs of compliance.
Download now arrow-read-more

10 Aug 2022 | Infographic

Top 5 Regulatory Reporting Challenges for Asset Managers in 2022
Asset managers have faced nothing short of a regulatory onslaught in recent years. With demands set to only increase, explore the top 5 challenges firms face when it comes to regulatory reporting.
Download now arrow-read-more

3 Aug 2022 | Blog

The Top 10 Asset Management Trends in 2022
In this blog, we look at the top 10 trends shaping the asset management industry in 2022 and their implications. 
Read blog arrow-read-more

28 Jul 2022 | Blog

Quarterly Regulatory Round-up: Q3 2022
In this regulatory round-up, we break down the key regulatory updates and their practical implications for EU and UK-based asset managers in the coming months.
Read blog arrow-read-more

27 Jul 2022 | Checklist

Client Reporting for Asset Managers

For emerging managers, exceptional reporting can go a long way to creating loyal clients and greater client retention. Identify where you could make efficiencies and upgrade your reporting with this checklist.

Download now arrow-read-more

4 Jul 2022 | Blog

The asset manager’s how-to guide to ESG reporting
Reporting is not an easy landscape to navigate when it comes to ESG. To tackle the ambiguity, we've put this guide together to help asset managers navigate the challenging world of ESG reporting.
Read blog arrow-read-more

1 Jun 2022 | Blog

How Sesame Revolutionises Reporting for Asset Managers
As investor service expectations evolve in their pursuit of clearer insights, new risk metrics and visually compelling reports, asset managers need the on-demand flexibility to keep up.  Find out how Sesame revolutionising reporting for asset managers. 
Read blog arrow-read-more

31 May 2022 | Blog

The Ultimate Guide to Offshore Trust Jurisdictions
When deciding which jurisdiction is the most suitable for an offshore trust, there are several factors to consider. In this blog we explore the top locations to set up an offshore trust.
Read blog arrow-read-more

26 May 2022 | Blog

4 top trends driving the ESG reporting agenda in 2022
Inflows into ESG funds have increased exponentially in recent years, but what is shaping the ESG agenda for asset managers?
Read blog arrow-read-more

13 May 2022 | Blog

6 things you need to build investment reports that clients love

Through conversations with asset and private wealth managers our Client Operations Director, Kathleen Henrick, has identified six key requirements for creating investment reports that clients love.

Read blog arrow-read-more

6 May 2022 | Blog

SFDR Article 6, 8 and 9 products explained. What do the classifications mean?
In this article we dissect what is meant by SFDR Articles 6,8 & 9 and the implications for asset managers.
Read blog arrow-read-more

4 May 2022 | Guide

10 things to avoid when choosing an investment reporting provider

Selecting a digital solution for data consolidation and investment reporting is a big decision, one many asset and private wealth managers cannot afford to get wrong. It can be hard to know where to start when assessing a provider, and there are many pitfalls.

Discover the 10 key things to avoid when choosing an investment reporting solution.

Download now arrow-read-more

19 Apr 2022 | Blog

Why investment reporting needs to change

Across the investment management spectrum, the need for a radically different approach to investment reporting has never been greater.  

In this shifting landscape, implementing a data-driven, agile approach to investment reporting can help asset and wealth managers get back ahead of the game. 

Read blog arrow-read-more

15 Apr 2022 | Webinar

Risk management: What do allocators expect?
Watch as our expert panel discuss the best practices in risk management and what asset managers need to ensure they can attract institutional capital, at a time of increased market volatility and increasing allocator expectations.
Watch now arrow-read-more

29 Mar 2022 | Blog

The best practices in investment risk management you need to follow in 2022

For risk management, the ability to demonstrate extensive expertise alongside a deep understanding of the investment side of the business is crucial. But what best practices do firms need to follow to achieve an institutional-level standard of risk management? 

Read blog arrow-read-more

23 Mar 2022 | Whitepaper

Risk management: What do allocators expect?

An in-depth guide to risk management featuring insights from asset management and due diligence professionals.


Download now arrow-read-more

10 Mar 2022 | Blog

Portfolio analytics: Why cloud solutions are the future
The need to manage large volumes of data and perform complex calculations at speed have left many firms’ legacy systems and outdated technology struggling to keep up.  It’s time to take to the cloud. 
Read blog arrow-read-more

1 Mar 2022 | Blog

5 reasons you need a wealth management API

As fast, sophisticated data management becomes business critical, what are the benefits data APIs can offer your organisation?

Read blog arrow-read-more

15 Feb 2022 | Blog

Cloud-based investment management software: 5 reasons you can’t afford anything else  

In a world of rising client, regulator and staff expectations, portfolio and risk management capabilities quickly become outdated. Cloud-based platforms offer the solution.

Read blog arrow-read-more

11 Jan 2022 | Blog

The cost of meeting allocators' risk management expectations for asset managers

Implementing a fit-for-purpose risk management and reporting function is expensive. But for asset managers, the cost of sub-standard risk capabilities is even higher.

Read blog arrow-read-more

16 Dec 2021 | Case Study

Landytech Helps Hedge Fund Achieve Substantial Cost Savings

After a recommendation from a market peer, a UK-based multi-strategy hedge fund approached Landytech for a managed solution that would provide expert risk management support, as establishing and maintaining this function inhouse would come at significant cost. Read the full case study here.

Read case study arrow-read-more

15 Dec 2021 | Blog

The 5 must-have capabilities for managing the risk function in-house

So you know you need a robust, institutional-grade risk management capability to attract investor allocations and meet clients’ ongoing demands. But what does a fit-for-purpose risk management and reporting function entail in practice?

Read blog arrow-read-more

7 Dec 2021 | Blog

4 things asset managers should look for in a risk management provider

Faced with demanding investor and regulatory expectations, asset managers are increasingly turning to third-party risk management providers.

Read blog arrow-read-more

24 Nov 2021 | Case Study

Equity Manager Transforms Risk Management and Institutional Client Reporting Process with Sesame

Skerryvore Asset Management needed a sophisticated risk management and data analysis platform to meet the exacting due diligence requirements of institutional investors and so help grow its business. Read the full case study here.

Read case study arrow-read-more

18 Nov 2021 | Whitepaper

The True Cost of Risk for Asset Managers

Comprehensive risk management capabilities are an integral and growing ingredient in asset manager success. Since the 2008 financial crisis, the value a strong risk management infrastructure and team bring has moved to the fore. Download our whitepaper examining the true cost of risk for asset managers.

Download now arrow-read-more

Get in Touch

If you would like to learn more about Landytech’s solutions for asset managers, and how we can help improve risk management, analysis and reporting to clients and regulators, please contact our team of experts.

Get in touch illustration