ConvergEx Launches New Portfolio Management Tools
ConvergEx Group, a leading technology company, today announced the launch of new portfolio Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term tools for its award-winning order management system, the Eze OMS™. The new functionality is now available in the Eze OMS's latest service release for version 5.7, which includes over a hundred new features and enhancements.
The offering expands Eze Portfolio Management functionality with valuation and scenario tools to analyze listed equities, listed options on equities, financial futures and financial indexes. For the valuation component, users can configure and run valuations to view implied Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term and derivative price sensitivities (e.g. the Greeks) based on up-to-date valuation curves.
The scenario component provides functionality for users to create and run scenarios to analyze how their real-time holdings respond to significant market events. Each scenario comprises a set of event parameters and dimensions with which users can "shock" market data.
"Eze's valuation and scenario functionality addresses our customers' demand for a risk tool that is available directly in the Eze OMS and provides an instant view of a portfolio's risk and sensitivity to stressed market conditions," said Davide Cis, CFA, risk product manager for ConvergEx's Eze Castle Software. "We are excited to offer this first version of our own risk product and plan to expand its functionality and asset class coverage."
"Market uncertainty, regulatory changes and an increased need for transparency have resulted in greater demand for robust risk management solutions," Rob Keller, CFA, managing director of Global Product Management for ConvergEx's Eze Castle Software. "Whether it is through a certified partner in the Eze Risk Framework or leveraging our proprietary integrated offering, our strategy is to provide our customers with the necessary core metrics that will help them to effectively manage their portfolio risk."
The award-winning Eze OMS leverages a real‐time open architecture to streamline the investment cycle for all asset classes – from idea generation through settlement. The Eze OMS provides functionality to support portfolio management, compliance, trading and operations in a single platform.
ConvergEx Group, a leading technology company, today announced the launch of new portfolio Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term tools for its award-winning order management system, the Eze OMS™. The new functionality is now available in the Eze OMS's latest service release for version 5.7, which includes over a hundred new features and enhancements.
The offering expands Eze Portfolio Management functionality with valuation and scenario tools to analyze listed equities, listed options on equities, financial futures and financial indexes. For the valuation component, users can configure and run valuations to view implied Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term and derivative price sensitivities (e.g. the Greeks) based on up-to-date valuation curves.
The scenario component provides functionality for users to create and run scenarios to analyze how their real-time holdings respond to significant market events. Each scenario comprises a set of event parameters and dimensions with which users can "shock" market data.
"Eze's valuation and scenario functionality addresses our customers' demand for a risk tool that is available directly in the Eze OMS and provides an instant view of a portfolio's risk and sensitivity to stressed market conditions," said Davide Cis, CFA, risk product manager for ConvergEx's Eze Castle Software. "We are excited to offer this first version of our own risk product and plan to expand its functionality and asset class coverage."
"Market uncertainty, regulatory changes and an increased need for transparency have resulted in greater demand for robust risk management solutions," Rob Keller, CFA, managing director of Global Product Management for ConvergEx's Eze Castle Software. "Whether it is through a certified partner in the Eze Risk Framework or leveraging our proprietary integrated offering, our strategy is to provide our customers with the necessary core metrics that will help them to effectively manage their portfolio risk."
The award-winning Eze OMS leverages a real‐time open architecture to streamline the investment cycle for all asset classes – from idea generation through settlement. The Eze OMS provides functionality to support portfolio management, compliance, trading and operations in a single platform.