Ortec Finance completes PEARL implementation with Aware Super to enhance performance measurement

Ortec Finance, a leading provider of technology and solutions for risk and return management for financial institutions, has completed the implementation of its performance measurement and attribution software, PEARL, with Aware Super, enhancing the superannuation fund’s ability to measure, attribute, and manage investment performance across its full portfolio.

The implementation will enable Aware Super, one of Australia’s largest profit-for-members fund, to expand its analysis of investment decisions across all individual funds within its portfolio. This will improve its ability to attribute decisions within each fund as well as compare performance across different funds.

In addition to generating advanced analytics tailored to different fund structures, Aware Super will also be able to further integrate currency strategies within its funds. PEARL 9.3’s updated currency overlay attribution capabilities will support them in effectively analyzing their hedging against currency fluctuations and actively managing their currency positions.

Michelle Li, Ortec Finance’s Head of Australia and Client Services, APAC commented: “We are delighted to reach this significant milestone and look forward to continuing our support for the team. With PEARL’s analytics and automated workflows, we are confident that Aware Super will deliver better analytics while facilitating a cohesive and streamlined approach to their reporting frameworks.”

Kendal Mogg, Aware Super’s Function Head of Investment Analytics added: “The addition of decision-based and currency attribution across the complete fund structure represents a significant uplift in Aware Super’s ability to provide timely and data driven insights and in turn provide the best possible outcome for our 1.2 million members. We look forward to continuing the partnership with Ortec Finance.”

About Aware Super

Aware Super is one of Australia’s top-performing and largest profit-for-member pension funds with a core objective of delivering the strongest risk-adjusted returns for its 1.2 million members. As a A$200 billion global asset owner, we typically take an active management approach across alternative assets, including infrastructure, real estate and private equity, and additionally allocate to liquid markets.