April 2026 Features Update
What-Changed Analysis
It is often difficult to determine what is driving changes to risk statistics over time, which is why we created the What-Changed Analysis tool. The tool explains in plain English the major contributors to a change in the level of a statistic. The original version explained this in terms of changes to positions. The latest version can also explain changes in terms of sub-portfolios. So, for example, the tool could explain a recent increase in VaR in terms of changes to the risk of different portfolio managers, or sectors. You can read more about the What-Changed Analysis here.
Multi-Factor Analysis
We added a “Risk Attribution” column to the Multi-Factor Analysis tool, which displays the share of the portfolio variance attributed to each factor. You can read more about the Multi-Factor Analysis tool here.