Risk and Performance System

The Vendor is required to provide reviewing the current risk and performance analytics marketplace, with emphasis on systems supporting multi-asset class analytics.
- These funds are invested in public and private assets providing various mixes of income-generation and asset growth. 
- Risk measurement and management is key to the agency’s success.
- The Board always strives to keep up with best-in-class methodologies and technologies around risk and performance analysis, and regularly engages in informal discussions with existing and potential vendors to stay on top of developments in investment analytics.
- Workflows.
•    Risk analysis and attribution for multi-asset class portfolios that include significant holdings in private markets.
o    This includes the ability to model private assets directly or via proxies.
o    Risk based on factor models is preferred but other approaches are also of interest.
•    Performance attribution for multi-asset class portfolios that include significant holdings in private markets.
o    At a minimum, firms should support brinson attribution (and variants thereof).