ENGLEWOOD, N.J. & CHICAGO--(BUSINESS WIRE)--Victor Technologies, LLC (VTEK), a financial analytics provider that specializes in risk management and listed derivatives pricing, announced today that it is introducing Value at Risk (VaR) into its DJALI (djah-lee) risk management platform. Current Victor Technologies customers now have access to VaR measurements to comprehensively manage their risk exposure in the equity and equity options markets.
“Value at Risk is one of the most popular portfolio risk measurements available today,” said Victor Technologies CEO Rob Newhouse. “While we believe that we offer other statistics of equal or more importance for risk management -- such as stress testing and real-time margin calculations -- we’re pleased that we can now add the industry standard to our offerings.”
VTEK’s VaR data will be continuously calculated using historical simulation, providing users with the most accurate measures available. Additionally, the VaR report meets the requirements for both regulatory reporting as well as investor reporting. Other features include:
- The ability to view contribution to VaR by asset as well as overall VaR
- The ability to view the actual simulated P&L arrays
- Multiple confidence intervals, horizon days and CVaR
- Scenarios updated each day
- On demand, intra-day VaR and incremental VaR
This addition is part of a set of changes going into DJALI 2.0, Victor Technologies’ updated customer platform. DJALI 2.0 is expected to launch during December 2014, and will include the newly introduced VaR calculations, as well as full support for futures-priced Index Options including VIX.
About Victor Technologies
Victor Technologies provides leading-edge trading and risk management applications that leverage Nvidia GPU technology to offer unparalleled real-time risk management and theoretical pricing across asset classes. VTEK’s product suite includes applications to manage consolidated portfolio risk, as well as theoretical pricing engines that allow for calculation of market-implied volatility, dividend, and interest information. Follow us on Twitter at @Victor_Tek.