FinLab Releases New Version Of Asset Management Software

Jul 25 2007 | 9:37am ET

Software producer FinLab has just released the latest version of its flagship software, PackHedgeTM, which is aimed at making life a little easier for portfolio managers and other investment professionals.

“This latest version of PackHedge includes one-click calculation of returns, risk measurements, performance ratios, benchmark and drawdown analysis and is our response to the requests from hedge fund investors to have quick and convenient access to key performance measurements,” says Denis de Pentheny O’Kelly, ceo of FinLab.

Other changes to the software—which aggregates data from multiple sources such as  Eurekahedge and Altvest—include “on-the-fly” options that allow users to modify date ranges, data frequencies, benchmarks and the data source to be used for statistics. The firm has also added a Bloomberg data licensing interface which allows clients to import Bloomberg data directly into PackHedge.

“Clients will also benefit from our new Portfolio Optimization Report that calculates and produces the ideal weightings for a portfolio to optimize returns versus volatility, Sharpe, omega, historical VaR, normal VaR and modified VaR,” says de Pentheny O’Kelly.

“With each new release, we continue to widen the gap between ourselves and our competition in that we offer greater functionality, superior performance and at the lowest entry price point in the market.”

FinLab is headquartered in Geneva, Switzerland and has offices in the U.S, U.K and Singapore.


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