NEW YORK--(BUSINESS WIRE)--PortfolioScience, a leading provider of on-demand risk management systems, today announced that INTL FCStone Inc., a leading execution, clearing, risk, and market intelligence provider for commodities and other asset classes has selected the RiskAPI® platform to analyze the exposure of its client portfolios. RiskAPI is a hosted, on-demand portfolio risk analysis service that includes coverage of both listed and OTC derivatives.
“PortfolioScience’s RiskAPI has demonstrated an ability to rapidly provide accurate risk analytics for complex portfolios. Market data is handled by them on the server-side and integration is light, which has meant relatively little time spent on setup, and more time managing risk. We are pleased to include PortfolioScience as part of our suite of risk management tools”, said David Wilusz, Director of Risk Valuations at INTL FCStone.
“As a global execution provider enabling clients to trade a diverse set of derivatives, INTL FCStone has a demanding set of risk management requirements. These include the need for sophisticated data, analytics, and computing, with which the firm can constantly monitor client and counter-party exposure. We are pleased that the RiskAPI system was selected by the firm due to its ability to provide a high-performance, flexible and dynamic solution”, said Ittai Korin, PortfolioScience’s founder and President.
RiskAPI offers a full range of multi-model Value at Risk, stress-testing and other quantitative analysis features, allowing execution providers, producers and speculators in the energy and commodity markets to easily generate dynamic risk calculations through multiple levels. The service includes all data, computing, and analytics across global energy and commodity markets, making it easier than ever for both sell side and buy side participants to implement a comprehensive risk analysis infrastructure.
About INTL FCStone Inc.
INTL FCStone Inc., through its subsidiaries, is a leading provider of financial-services execution, risk management, market intelligence, and post-trade services across asset classes and markets around the world.
A Fortune 500 company with a nearly 100-year track record, the company focuses on providing products and services within the commodities, securities, foreign exchange and global payments sectors. INTL customers include the producers, processors and end users of virtually every major traded commodity; commercial counter parties; and governmental, nongovernmental and charitable organizations. The company also serves institutional investors, brokers, professional traders, CTA/CPOs, proprietary trading groups, commercial banks and major investment banks. Headquartered in New York City, the company is listed on the Nasdaq under the ticker symbol "INTL".
Further information on INTL FCStone is available at http://www.intlfcstone.com
PortfolioScience specializes in risk management technology for financial institutions, investment services, financial advisors, and hedge funds. The company's hosted RiskAPI® service allows fund managers, advisors, and traders, as well as both buy-side and sell-side market participants to access powerful risk analysis capabilities on demand. RiskAPI includes all required data, computing, and infrastructure resulting in a complete end-to-end risk analysis solution.
Further information on PortfolioScience is available at http://wwww.portfolioscience.com