BNP Paribas Securities Services have launched ‘DNA’, its performance and risk management web-tool, for the iPad.
The division stated that, due to asset managers and institutional investors looking for ways to better measure risk and analyse performance, this trend has been growing substantially in the last 12 months, with an exponential spike since the launch of high-tech tablets.
Over 30 percent of clients have adopted the DNA online offering, now available on iPad.
Diogo Malato Moura, responsible for risk and performance products, said: "Providing high end data on risk and performance is becoming crucial in today’s world. Existing and new clients are looking to opt directly for online risk and performance reporting, taking advantage of tablets. This trend is growing significantly and we anticipate 80 percent of asset managers active with institutional clients to replace paper reporting by delivery through online tablets by 2015."
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