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MLK Embeds Risk Analytics from Portfolio Science

Hedge funds using MLK Solutions's data warehouse can access a customizable suite of integrated risk calculations from PortfolioScience across funds, portfolios, sub-portfolios, and individual positions.

MLK Fund Solutions, an aggregation and reporting software provider for hedge funds, teamed up with PortfolioScience, an on-demand risk management system for hedge funds and hedge fund service providers. MLK said it has integrated Portfolio Science’s RiskAPI platform into the MLK Data Warehouse solution, enabling hedge funds to access a full suite of multi-asset risk analysis capabilities, embedded within its data warehouse.

The collaboration with PortfolioScience will allow clients of MLK to generate highly customizable customizable and fully integrated suite of risk calculations such as: multi-model Value-at-Risk (VaR); multi-dimensional stress testing; exposure analysis; and option analytics. All calculations are available across funds, portfolios, sub-portfolios, and individual positions, according to the release.

Commenting on the announcement Fadi Kaddoura, MIK’s founder and President: “Our value to funds is tying the data resident in the firm to the investment thesis. Risk measures and analysis forms a critical component to daily operations and overall portfolio management. Through our collaboration with PortfolioScience fund managers have yet another critical tool available to them for a comprehensive view of their situation – with a corresponding ability to make better decisions.”

According to Ittai Korin, president of PortfolioScience: “Clients seek information to garner performance. Combining our risk analytics with MIK’s intuitive approach, based on a robust data set, helps funds in the performance equation. The combination of dynamic risk analysis with MIK’s platform and data architecture is a huge plus for hedge funds looking for a fully comprehensive view of risk.”

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio

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