CloudRisk Takes on AlphaKinetic's Glide for Risk and Valuations

A view of the City of London

CloudRisk chose AlphaKinetic's Glide cloud tools, used by European fund managers, to help support its operating platform for its risk and valuation services for its clients.

"As a modeling company, we often need to integrate with a third-party system, in order to obtain customer positions, market data and to upload our valuation results," says Plamen Neykov, CEO of CloudRisk. "Compared with other systems, AlphaKinetic is very intuitive, easy to master and its vocabulary is native to the domain. As a result, we experienced a greatly shortened learning curve and our productivity in working with AlphaKinetic's cloud tools have proven to be much better compared to other third-party applications and systems."

Neykov added that the AlphaKinetic cloud tools provided greater flexibility, scalability, modularity, real-time interaction and offered more flexibility and customization in reporting valuation results for CloudRisk clients.

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