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Ontario Teachers signs up to DSTi risk management system

Toronto-based Ontario Teachers Pension Plan (OTPP), the retirement fund for 247,000 Ontario-based teachers, has selected DST International’s (DSTi) HiRisk package as its new enterprise-wide risk management and analysis software.

OTPP, with C$62.2 billion ($46.7 billion) under management, is currently implementing the system, and expects to go live in the middle of next year.

DSTi uses an ‘event simulation model’ to value enterprise and portfolio risk. It is targeted at institutional investors and investment managers, although DSTi believes the application is equally suited to small and large-scale clients.

Leo de Bever

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