State Super to utilise Premialab technology

30 August 2023
| By Jasmine Siljic |
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State Super (SAS Trustee Corporation) has selected Premialab’s technology to deliver portfolio management and risk solutions to its more than 85,000 members. 

Premialab is a provider of data, analytics, and risk solutions that utilises feeds from 18 of the world’s largest investment banks. 

It assists its institutional clients, including pension funds, sovereign wealth funds, and asset managers, to efficiently allocate assets, select strategies, and enhance portfolio returns while controlling risk.

Alan Chan, senior investment manager at State Super, said the fund selected Premialab based upon their ability to deliver granular, actionable data in real time. 

“State Super was established over 100 years ago, and today we remain focused on ensuring we have the best systems in place to manage our members’ retirement savings in the safest, most efficient way possible,” he commented. 

“Premialab demonstrated that they could add capability and efficiency to our processes, and we look forward to working with them.”

The data firm opens its doors officially in Australia this month, joining its offices in Hong Kong, Paris, London, Stockholm, and New York.

Marc Fisher, managing director and Perth-based Australia head at Premialab, explained that State Super was a key client in the firm’s growing Australian business.

“Premialab has received an incredible reception in Australia, because we offer something that has never been available here before,” he said.

“Our platform can put the microscope over any fund, any product, any strategy, and really understand at an atomic level whether that investment is delivering from a risk perspective, a fee perspective and a strategy perspective for that specific mandate.”

According to Adrien Geliot, Premialab chief executive, institutional investors are increasingly seeking greater data capabilities and more robust risk management processes.

“We are delighted to be in Australia and partnering with State Super to deliver our unique capabilities to the Australian superannuation industry,” the chief executive commented.

The firm’s multi-asset and multi-region platform processes 5 million data points each day on more than 4,000 investible systematic strategies. Clients’ assets under management currently stand at some $7.7 trillion. 
 

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