NEW YORK (Oct. 24, 2000) – The recent wild behavior of the stock market has left investors scrambling for control of their portfolio's risk. Recognizing this, Portfolio Science, Inc., a New York based online financial services company, has released RiskAPI(TM), a turnkey enterprise risk analysis solution that makes it easy for web sites to provide risk measurement services to their users.
RiskAPI(TM) is a programmable interface that allows web sites to access Portfolio Science's proprietary Analysis Engine, thereby achieving robust risk analysis functionality virtually overnight. Using, RiskAPI(TM), financial web sites gain sophisticated analytical capabilities instantly, satisfying user demand, while maintaining brand identity as well as look and feel.
The RiskAPI(TM) tool set allows web sites to embed Portfolio Science Inc.'s risk analysis and graphical display functionality. Client sites receive analysis results, which they can then arrange and display in a manner consistent with their branded interface. RiskAPI(TM) enables end-user data to be seamlessly integrated with the PortfolioScience tool set. Current RiskAPI(TM) features include: Portfolio Analysis Tool, Historical Analysis Tool, Sector Sorting Tool, Index Benchmarking Tool, Stress Testing Tool, Portfolio Simulation Tool, Risk Alert Messaging Tool, and Wireless Access Tool.
The Portfolio Science enterprise risk analysis solution consists of a client-dedicated, clustered, and distributed application, designed to meet critical end-user load demands. The technology has been developed, from the outset, with the needs of the leading, high traffic financial sites in mind.
About Portfolio Science, Inc.
PortfolioScience is a company dedicated to bringing powerful risk analysis solutions to the online community. It is Portfolio Science Inc.'s goal to give investors the ability to properly analyze their market risk in exacting and real dollar terms. Portfolio Science Inc. uses patent pending technology first developed for sell side institutional use that utilizes modern portfolio theory statistical techniques.
For additional information on Portfolio Science, Inc. or the services they offer visit their Web site at http://www.portfolioscience.com/ps/help/help.cfm.
CONTACT:
Ittai Korin
Portfolio Science, Inc.
Email
917.523.5635
http://www.portfolioscience.com