Objecutive has integrated its Fund-Studio portfolio operations and reporting platform with RiskAPI, the on-demand portfolio risk analysis service provided by PortfolioScience.

"The ability to provide VaR reporting and portfolio risk analysis out-of-the-box is a big step forward for us," says Costas Kellas (pictured), CEO of Objecutive. "Fund-Studio's strength of flexible reporting on top of its solid trade management, position keeping and P&L platform has now been rounded out with the addition of dynamic risk reporting, seamlessly integrated into our product."
 
"RiskAPI is a perfect fit for Fund-Studio," adds Ittai Korin, PortfolioScience's CEO. "Their reporting tools allow rapid, dynamic queries of key financial elements throughout the portfolio, whether through spreadsheet access or drag and drop report construction via their web portal. Our high-performance analytics engine can respond in near real-time as these queries hit our service. The entire process is seamless for the user, who can pull risk analytics exactly how they need it, when they need it."
 
Kellas says enhancing risk visibility into the portfolio is a crucial part of any fund manager's requirements, but has always meant choosing between a difficult (and often expensive) integration with an off-the-shelf risk system, or building risk in-house.
 
“With RiskAPI from PortfolioScience integrated into Fund-Studio, risk reporting is now a cohesive part of the ‘hedge-fund in-a-box’ offering,” he says.