|
|
By Susan L. Barreto, Senior Reporter RiskAPI Adds European Equities Coverage NEW YORK (HedgeWorld.com)-Portfolio Science Inc. has added 16 European stock markets to its RiskAPI software program. Users of the risk analysis software package will have these markets available through its RiskAPI Institutional Add-In product, as well as through the enterprise server version. Stock markets now included in the offering are Austria, Belgium, Denmark, England, Finland, France, Germany, Greece, Italy, Ireland, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden and Switzerland. Securities are entered in using the London Stock Exchange's SEDOL codes, said Ittai Korin, president of Portfolio Science. In mid-2002, the company released its latest version of RiskAPI, which included coverage of listed equity options. ( Previous HedgeWorld Story) The online investment services company announced that they were adding the coverage in March 2002 and had hedge fund managers beta test the risk analysis program in advance. Mainly used by hedge fund managers, the RiskAPI software includes market information on listed equity index options and basically anything listed on the major options exchanges. Value at Risk analysis is available at the portfolio level and on individual portfolio positions. Historical VAR analysis is also part of the system. Analysis can also be done a sector basis. |
