ATA RiskStation has launched a web-based risk reporting solution for hedge funds and hedge fund services providers powered by PortfolioScience’s RiskAPI, an on demand, multi-asset risk analysis system.
"Our proprietary risk system fills a clear market gap for cost-effective but comprehensive risk modelling," says Aladin Abughazaleh, ATA RiskStation’s founder. "Our core premise is that no single measure of risk is perfect or reliably models downside exposure in all market conditions and for all portfolio types."
The service offers clients the ability to set up highly customised risk scenarios that use a variety of Value at Risk and stress testing models. In addition, for each model, clients can define a broad range of associated inputs or parameter sets. The analytics included in the system’s risk reports are powered by RiskAPI, PortfolioScience’s on-demand API-based risk analysis service.
"We are very excited to have been chosen by ATA RiskStation to power their ground-breaking portfolio risk reporting system," says Ittai Korin, PortfolioScience’s president. "They have built an amazing set of reporting tools that completely change the equation with regards to monitoring portfolio and position exposure.”
ATA RiskStation is available as a monthly subscription offering clients access to a fully-integrated, secure web-based reporting suite that includes automated daily processing and reporting on up to seventy-four user-defined risk scenarios. In addition, users are able to drill down to the detail supporting each risk scenario via a simple and highly intuitive graphical reporting format to better understand the variables driving portfolio risk exposures.