AlternativeSoft to Deliver a New Software Release with Database in 2008

AlternativeSoft presents a new release of its software which includes a free hedge funds and fund of funds database in 2008

Zurich, Switzerland (PRWEB) May 25, 2008 -- Credit Agricole, France's largest banking group, has teamed up with AlternativeSoft to deliver its CASAM CISDM database to its clients at no charge. The offer is limited to a 12 month period and will enable AlternativeSoft's clients to utilize for their respective analysis, one of the world's oldest alternative databases (established in 1979) covering 2700 hedge funds, 2200 fund of hedge funds and 480 CTAs.

"The partnership with Credit Agricole will provide our clients a unique opportunity to review the CASAM CISDM database. Clients will be able to perform various tasks such as build, optimize and evaluate portfolios, search hedge funds and analyze hedge funds by separating their alpha from alternative betas," said Stephan Joehri, CTO and Partner of AlternativeSoft."

In addition, the company has released a new version of its software platform. In addition to fund selection, portfolio construction by minimizing the extreme negative returns and return forecasting, the software platform now includes 1) a search engine, 2) Omega optimization and 3) links to the Barclay®, HedgeFundIntelligence®, Morningstar-Altvest®, HFR®, Lyxor® databases.

According to Stephan Joehri, "AlternativeSoft is now used by large US, Swiss, French, UK and Middle Eastern banks and fund of funds. We are proud to offer them the first off-the-shelf optimization engine using the Omega function. Our clients are now able to build portfolios with low probabilities of extreme returns using the Omega function."

For more information, please go to www.alternativesoft.com.

Contact:
Stephan Joehri, Zurich: +41 (0)76 331 15 38
Vic Kotecha, London: +44 (0)78 13 609 835
Serge Berger, New York: +1 212 223 9363

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