“We are very pleased to work with QED,” said Terry Marsh, CEO of Quantal International. “QED has a well-deserved reputation for ‘getting the details right’ for large, complex, global institutional investors."
San Francisco, California; Marton, New Jersey (PRWEB) February 8, 2010
QED Financial Systems, based in Marlton, New Jersey, and Quantal International Inc., based in San Francisco, California, today announced the creation of a strategic joint venture. Quantal’s portfolio analytics including multifactor risk modeling, value at risk (VaR), performance measurement, dynamic attribution analysis, and portfolio planning will be seamlessly integrated for QED clients and the broader financial market as a single hosted solution.
“We are very pleased to work with QED,” said Terry Marsh, CEO of Quantal International. “QED has a well-deserved reputation for ‘getting the details right’ for large, complex, global institutional investors. Their domain expertise, reliability, and client care model makes QED a powerful partner for Quantal.” Through careful technology integration, the QED platform users require only a ‘check box’ to deliver meaningful portfolio risk and performance attribution reporting to the desktop.
Marc Gresack, Quantal’s Chief Strategy Officer who has been a senior executive at trading and investment technology companies including Instinet and Princeton Exchange Partners, said: “in my thirty-year career, I’ve seen repeated technology waves in the trading business which has consistently improved execution and reduced costs. I believe that, over the next decade, we could see a progression upstream in technology improvement in processes for portfolio management, asset allocation, and retirement planning. The Quantal QED joint venture will represent a sea-change in how investors manage risk inherent in their strategies.”
Joseph Potesta, CEO of QED Financial Systems, stated, “Quantal has, over the years, established itself as an ‘R&D factory’ at the very top of its game in applying well-balanced, cutting-edge financial theory to provide clients with reliable portfolio management and asset allocation solutions. Their methods of detecting and forecasting shifts in investment risk are more accurate and adaptable than the older, more static technology. This has saved their clients considerable pain in intervals of market stress. We look forward to a close and fruitful relationship with the folks at Quantal.”
Quantal International - Transforming Investment Ideas into End Results
Quantal’s global “hybrid” multi-factor models for equities and government bonds combines the accuracy of an implicit factor specification - where common risk factors causing stocks to move together are inferred from those stock co-movements - with the explanatory power of an explicit model where risk exposures are attributed to cross-sectional characteristics.
Quantal models were developed by Paul Pfleiderer (C.O.G. Miller Distinguished Professor of Finance at the Graduate School of Business, Stanford University) and Terry Marsh (Professor Emeritus of Finance at the Haas School at U.C. Berkeley) of Quantal International.
Quantal’s Risk Models have been tested and refined over the past fifteen years. Now delivered in partnership with QED Financial Systems these analytical tools are available to augment your business and support your clients.
About Quantal International, Inc.:
Quantal International, Inc. a leading provider of risk analytics solutions for global institutional investors develops cutting edge tools for portfolio management risk assessment and control. Quantal’s Customers include asset managers, proprietary traders, institutional funds, hedge funds, and brokers.
Contact: Jennifer Sutphin, Client Relations Manager, Quantal International. 609.570.2700 x224 (voice) 856.797.9719 (fax)
About QED Financial Systems, Inc.:
QED Financial Systems, Inc. provides the most comprehensive portfolio management and accounting software platform as a service (PaaS) to asset managers, investment advisors, hedge funds, plan sponsors, treasuries and other buy-side firms. More than 1 trillion USD in collective assets are managed on the QED platform, and nearly 50% of the U.S. state treasuries use QED solutions.
Contact: Kim Hoover, Senior Vice President, QED Financial Systems, Inc. 856.797.1200 (voice) 856.797.9719 (fax)
Should you wish to obtain additional information about this topic, or to schedule an interview with Jennifer Sutphin or Kim Hoover, please contact Brenna Snyder via telephone at 856.797.1200 .