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Derivatives Risk Management Comes Alive: PortfolioScience Expands RiskAPI Coverage, Releases Version 3.0
In addition to the full range of equities, mutual funds, global financial futures, and commodities already included in the RiskAPI proprietary risk engine, users can now apply the entire complement of risk management functions to all major listed equity options traded on the CBOE, AMEX, PHLX and more.
NEW YORK--July 8th, 2002--PortfolioScience announces the release of version 3.0 of its RiskAPI portfolio risk management system.
In addition to the full range of equities, mutual funds, global financial futures, and commodities already included in the RiskAPI proprietary risk engine, users can now apply the entire complement of risk management functions to all major listed equity options traded on the CBOE, AMEX, PHLX and more.
As with previous versions of the flexible RiskAPI system, the additional instrument coverage expands on the ability to risk analyze mixed asset portfolios comprised of equity, futures, and now, options positions.
Also new in this latest release of RiskAPI, are added volatility analysis functions and an expanded set of quantitative portfolio analysis features. In addition, the system includes the ability to measure portfolio exposure to underlying derivative pricing factors, such as delta, gamma, and vega. This is a key ability for many options portfolio managers wishing to properly analyze their market risk.
A full description of all risk management features available in this latest release can be found on the PortfolioScience web site.
About RiskAPI:
RiskAPI is a programmable interface that enables remote access to the PortfolioScience proprietary risk engine. The RiskAPI technology was developed to integrate into a large variety of operating environments, with the goal of proving several types of financial institutions the ability to harness sophisticated risk analysis technologies with minimal integration effort. The RiskAPI ExcelŽ Add-In transforms spreadsheets into advanced network clients with the ability to access remotely managed financial data and calculation resources.
About PortfolioScience
PortfolioScience is a company specializing in risk management technology for financial institutions and online investment services. The companys products allow fund managers, traders, and investors alike to access powerful risk analysis capabilities on demand. In addition, PortfolioScience creates turn-key risk management systems for online financial services, allowing them to provide their clients with portfolio risk analysis services virtually overnight.
For additional information on PortfolioScience, or the services offered by the company, visit their Web site at http://www.portfolioscience.com.
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