The collaboration provides new on-demand risk measurement analysis for asset managers and hedge funds.
RiskAPI will be included in MIK's Data Warehouse solution, allowing users to directly generate multi-model value-at-risk, multi-dimensional stress testing, exposure analysis, and options analytics across funds, portfolios, sub-portfolios, and at an individual position level.
"Our value to funds is tying the data resident in the firm to the investment thesis. Risk measures and analysis forms a critical component to daily operations and overall portfolio management. Through our collaboration with PortfolioScience fund managers have yet another critical tool available to them for a comprehensive view of their situation, with a corresponding ability to make better decisions," says Fadi Kaddoura, MIK's founder and president.
Bryan Cross, who heads UBS Asset Management's QED group, joins to discuss alternative data and AI.Subscribe to Weekly Wrap emails