FinLab Releases Latest Version Of Hedge Fund Management Software

Apr 16 2010 | 9:15am ET

FinLab, the sole provider of PackHedge, has released its latest version of software which contains new tools for customizing hedge fund research and portfolio management tasks.

According to the firm, PackHedge v.4.2 introduces advanced firm-wide organizational tools and streamlined portfolio simulation capabilities.

In addition to the existing PackHedge customizable tool bar, each PackHedge customer now has the ability to create his or her own folders and sub-folders to organize and group funds, companies, people, reports, queries, groups, proformas and portfolios in any fashion that is most meaningful and useful to them and their team.

"PackHedge is now used by many of the largest fund of hedge funds and banks in the world. These firms often have multiple teams, across multiple offices and countries accessing PackHedge and the need to organize and customize PackHedge views and data according to varying functional roles is becoming an essential component of a proper research and analysis platform," says Denis de Pentheny O'Kelly, CEO of the firm.

In keeping with PackHedge's ability to merge and aggregate multiple data sources, v.4.2 includes the capturing of new qualitative fields from Hedge Fund Research (HFR), HedgeFund.net and Eurekahedge. For those clients seeking an additional source of index data, PackHedge now offers a direct interface and import feature with Yahoo Finance.

"It is a testament to the strong technology foundation of PackHedge that we are able to quickly respond to market demands and incorporate workflow optimizations tools that benefit clients of all sizes and structures," adds de Pentheny O'Kelly.


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