Performance-enhancement through sophisticated portfolio design: Supported by our cross-asset portfolio- and risk-management system Aquantec Ocean we ensure portfolio transparency, strengthen risk management capabilities and help to lift return opportunities.

Portfolio Advisory

Ithuba Capital focuses on the financial services industry and provides cross-asset-class competence by combining leading human capital and state-of-the-art systems infrastructure. In order to support financial institutions in effectively managing investment portfolios and addressing evolving challenges in the aftermath of the recent financial crisis, we have co-founded Aquantec and successfully developed Aquantec Ocean.

Service Offering:

  • Valuation services on portfolio as well as single instrument level
  • Portfolio and balance sheet analysis, simulations
  • Scenario analysis and stress testing/calculations
  • Investment strategies
  • Hedging concepts
  • Portfolio management
  • Work-out advisory
  • Portfolio restructuring, recovery analysis
  • Risk management services
  • Reporting
  • Regulatory / Structuring solutions

Selected Clients:

Raiffeisen Bank International

Validation of valuation models and implementation in the Risk Engine Pricing Modules of Raiffeisen Bank International. 

ABBAG - Abbaumanagementgesellschaft des Bundes

Wind-down company (Austria)

Financial and strategic advisor to Republic of Austria in Heta settlement with a total volume of EUR 10.9 bn

BVV Versicherungsverein des Bankgewerbes a.G.

Insurance / Pension fund (Germany)

Licensing of the Aquantec Ocean software to support and optimise the investment controlling. This process includes:

  • administration of cross-asset investments and portfolios;
  • management and calibration of market, model and model data;
  • evaluation of risk and scenario analyses;
  • earnings and balance sheet projections taking into account dynamic portfolio relocations.
Der Rechnungshof

Republic of Austria

Consultation on audit procedures in the context of derivatives designed to hedge interest rate risk in loans.

Hypo Group Alpe Adria

Bank (Austria)

Valuation of ABS, Structured Credit and other exotic derivatives.

immigon portfolioabbau ag

Wind down unit (Austria)

Outsourcing Services: Treasury, Back Office, Risk Management, Portfolio Accounting

KA Finanz AG

Wind down unit (Austria)

Outsourcing Services: Treasury, Loan Management, Risk Management, Collateral Management, Back Office, Accounting, HR, IT

Land Salzburg

Province of Salzburg (Austria)

Ithuba was mandated to assess the risks in the portfolio and subsequently wind-down the portfolio amounting to EUR 1.8 bn assets and EUR 1.7 bn liabilities.

Provinzial Nordwest

Insurance Company (Germany)

PNW has been employing Aquantec Ocean in their investment controlling for the following purposes:

  • calculation of economic and accounting figures for all investment products including indirect and illiquid holdings
  • extensive risk analyses of the investment portfolio
  • projections of liquidity and profit & loss calculations portfolio valuations according to Solvency II requirements
  • implementation of the Solvency II scenarios with the standard formula and with internal stress factors and their application to the entire portfolio
  • application of Solvency II scenarios for forward-looking projections and in various simulations and stress tests

The dynamic portfolio simulation of Aquantec Ocean provides information that supports the strategic asset allocation and the business planning of PNW by generating detailed results of future effects in risk and portfolio development.

Österreichische Volksbanken AG

Bank (Austria)

Hedge accounting for derivatives and underlying transactions in accordance with IFRS and UGB.

Wüstenrot

Bank / Insurance Company (Austria)

Analysis and consultation concerning the wind down of a structured derivatives portfolio.

BAWAG

Bank (Austria)

Analysis and valuation of structured currency derivatives and the analysis of hedging strategies for the derivatives.

ÖBB

(Austrian Federal Railways)

Consultation on the liquidation of a CDO². 

DEVK

Insurance Company (Germany)

Valuation of structured interest rate derivatives.