Technology company ConvergEx has incorporated risk management tools by PortfolioScience into its Eze OMS risk solution.
PortfolioScience specializes in risk management technology for financial institutions, investment services, financial advisers and hedge funds. Its products allow fund managers, traders and investors alike to access risk analysis capabilities on-demand.
Integration of the RiskAPI tools allows Eze customers to view and analyze value-at-risk measures, historical volatility and the value of their portfolios and positions under stressed market conditions. They can also combine real-time views of P&L, exposure and investment strategies with risk measures that track intraday portfolio activity.
"The addition of PortfolioScience to our list of Eze Risk Framework partners provides our customers with risk measures that reflect intraday portfolio activity and are intuitive to understand," said Davide Cis, director of risk product management for ConvergEx's Eze Castle Software. "This is an excellent complement to our recently released valuation and scenario risk management tools.”