Investment opportunities have greatly expanded in recent years, both in number and complexity. This has resulted in growing demands of participants and supervisor to gain improved insight into the entire investment process of a pension fund. They require reliable ex-post risk and return analyses using extensive reports (from the asset manager) that clearly display the results of the investments.

To determine precisely and to monitor the contribution of each individual investment decision on the risk and return of the (pension) fund is therefore an essential part of institutional risk management. Measuring and attributing the performance reveals which decisions consistently add value on a risk-adjusted basis and which ones do not. It furthermore identifies the strengths and weaknesses of the investment organization which is a first step in managing performance.

PEARL, the performance evaluation system of Ortec Finance, helps pension funds to analyse the entire Investment Decision Process (IDP) from beginning to end and at every desired level. PEARL provides insight in the relative performance of the various investment portfolios versus their benchmarks, how much risk one currently faces, and which specific sources have contributed to the (risk-adjusted) return. The reporting capabilities of the system are fast, flexible and reliable, and will undoubtedly facilitate better client relationships.