Sydney, March 23, 2010— ABC Quant, LLC, a leading provider of risk management analytical solutions for the hedge fund industry, today announced that it incorporated a virtual hedge fund universe concept into its flagship product, Quant Suite multi feed edition. The new concept seamlessly integrates instruments from various data providers into a single workspace, called Global Wallets, to allow hedge fund investors constructing subsets of hedge fund universe that combine funds from multiple vendors.
The Virtual Hedge Fund Universe of Quant Suite is populated by four data vendors, Morningstar, Eurekahedge, HedgeFund.Net and Hedge Fund Intelligence, that provides an aggregated access to over 22,000 hedge funds, funds of funds and CTAs. Any instruments, even from different data providers, can be placed into a Global Wallet, which is used either as a global portfolio holder or a fund subset for a further analysis.
“One of the problems that hedge fund investors face when working with databases from different vendors, is the difficulty of combining funds into a single portfolio or a specific subset with a desired risk-return profile. All data providers have their own unique data formats and, therefore, instruments from different databases are not data compatible. To address that issue we created a concept of Global Wallets, or subsets of a Virtual Universe, that offers data integration from multiple vendors. Obviously, to enjoy that new feature a hedge fund investor should subscribe to a several databases,” said Andrew Grauberg, CEO and president of ABC Quant. “It is a very effective feature that many of our customers have been requesting.”
Quant Suite by ABC Quant, LLC, integrates all-in-one risk management framework accommodating:
• Risk-return valuation across hundreds of advanced metrics including the Value-At-Risk derivatives and higher moments;
• Portfolio construction and simulation tools;
• Tools for manager valuation during different market conditions;
• Non-linear portfolio optimization over various objective functions;
• Multi-
• Peer group comparison analysis;
• Tools for constructing custom evaluation metrics;
• Flexible screening filters and subset creation tools.
About ABC Quant, LLC.
ABC Quant, LLC, (http://www.abcquant.com ) is an independent provider of analytical models and software tools for the hedge fund industry. The company offers a broad range of hedge fund risk management solutions and provides both quantitative and qualitative due diligence on hedge funds. It is a global company with offices and representatives in Sydney, London and New York.
