A Technology Round up
BERKELEY, Calif. (HedgeWorld.com)–Quantal International and JCF Group are releasing new software, JCF Quant-Risk and Quantal PRO-JCF.
JCF Quant-Risk gives conditional projections for stock and portfolio volatility, tracking error and a multi-factor based beta in a module that links to JCF Quant, which is a portfolio management system. Quantal PRO-JCF is a web-based equity portfolio risk management and optimization system that gives users the tools to construct and rebalance equity portfolios.
Quantal Asset Management, a wholly owned subsidiary of Quantal International, was an early U.S. subscriber to JCF's financial data and modeling capabilities. The asset management firm operates U.S. and European long/short equity market-neutral funds. London-based JCF now works with more than 450 institutional firms. Working with Quantal, JCF is now adding Quantal's risk management capabilities to its software offerings.
Quantal International's client base, which is predominantly alternative investment firms, also includes large institutions. Quantal is known for its research and development team, which has both Stanford University and U.C. Berkley affiliations. Its core technology focuses on risk-return models for global equities and equity-related securities. The models allow users to develop and apply a wide range of portfolio and basket trading strategies, according to Quantal.
Quantal's Chairman Larry Tint has a long history in the institutional investment industry. He joined Quantal from Barclays Global Investors, where he was vice chairman and member of the global management committee. Mr. Tint now serves as chairman of Excalibur Advisors, an alternative investment manager. Before BGI, Mr. Tint was president of Sharpe-Tint Inc., an investment management and consulting company specializing in asset allocation for large institutional investors he formed with William F. Sharpe.
Beauchamp Financial Starts Implementation Program
LONDON (HedgeWorld.com)–The goal of Beauchamp Financial Technology's a new program is to help clients implement their software.