Software provides quantitative investment platform.
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Press Release Summary:
Along with capabilities for factor analysis, trade cost modeling, as well as risk and performance attribution, ModelStation® v3.2 offers third party integration support for various applications and models to help optimize workflows. It also includes ITG's agency cost estimator model, which helps construct and analyze trade lists in ModelStation's Strategy Simulation and Portfolio Attribution modules using trade cost estimates. Users can also simulate trading impact of strategies.
Original Press Release:
ClariFI Releases ModelStation v3.2 - the Newest Version of its Market Leading Quantitative Investment Platform
NEW YORK, Oct. 9 -- ClariFI(R), a Standard & Poor's Capital IQ business and leading provider of software and services focused on quantitative portfolio management and research, today announced the release of ModelStation(R) v3.2. This new version adds numerous performance and usability improvements throughout the system and significant advances in factor analysis, trade cost modeling, and risk and performance attribution. ModelStation's 3rd party integration has also been expanded with a variety of new applications and models in order to help clients further optimize their workflows.
Highlights of ModelStation v3.2 include:
-- Factor Backtesting - new reports that allow users to analyze a factor's power over multiple time horizons and universe segments.
-- Strategy Simulation - market impact modeling and fees reporting with daily P&L reporting that allows users to accurately simulate trading impact in their strategies.
-- Portfolio Attribution - improved ways for identifying sources of portfolio risk and return including custom groupings by fundamental characteristics and independent reporting and calculation frequencies for improved accuracy.
-- 3rd Party Integration
- ITG's Cost Curves and Risk Models - Investment Technology Group's agency cost estimator model (ACE) is one of the industry's leading market impact models. This unique data service will help users construct and analyze trade lists in ModelStation's Strategy Simulation and Portfolio Attribution modules using accurate trade cost estimates.
- MATLAB(R) - integration with MATLAB enables users to use MATLAB scripts directly within ModelStation allowing for custom data transformation extensions.
- EM Applications - integration with EM Applications statistical risk models for use in portfolio risk analysis.
Gioel Molinari, ClariFI's Founder and Managing Director stated, "This new version of ModelStation incorporates a great deal of feedback from our clients and prospects and underlines our commitment to providing a very open and flexible platform that can help our clients discover new sources of alpha," he continued, "I am excited to move forward with the global rollout of ModelStation v3.2 as I believe its enhancements can give our clients a distinct competitive advantage in the marketplace."
About ClariFI and Capital IQ
ClariFI(R), a Standard & Poor's Capital IQ business, provides software and services focused exclusively on helping quantitative portfolio managers and researchers decrease the time it takes to research, test, and put into production their alpha generating strategies. ClariFI counts four of the top five largest investment managers in the world, hedge funds of all sizes, and proprietary trading desks at leading brokerage firms and banks as its clients. ClariFI's clients experience reduced operational risk, decreased time-to- market for their strategies, and a significant competitive advantage. Additional information about ClariFI can be found at http://www.clarifi.com/.
Capital IQ, a division of Standard & Poor's, provides high-impact information and workflow solutions to over 1,800 leading financial institutions, advisory firms, and corporations. Its solutions are based on the Capital IQ Platform, a unique combination of global private and public capital market data and technology that enables end-users to draw deep market insights, generate better ideas, leverage relationships, and simplify workflow. Clients can deploy the Capital IQ Platform either as a standalone solution or seamlessly integrate its components into existing business applications and portals via systems integration and data feeds. For more information, please visit Capital IQ's web site at www.capitaliq.com. Standard & Poor's is a division of the McGraw-Hill Companies (NYSE:MHP).
MATLAB(R) is a registered trademark of The MathWorks Inc.
CONTACT: Jennifer Kohler
ClariFI
617-530-8102
jkohler@clarifi.com
Michael Privitera
Standard & Poor's
212-438-6679
Michael_Privitera@standardandpoors.com
Web site: http://www.clarifi.com/
http://www.standardandpoors.com/
http://www.capitaliq.com/
