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BARRA Releases Expanded Global Equity Risk System.


BERKELEY, Calif.--(BUSINESS WIRE)--July 16, 1996--BARRA Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: BARZ) today announced the addition of Global Equity Model coverage to its suite of equity portfolio analysis tools -- The BARRA BARRA Bangladesh Rural Reconstruction Association  Aegis System(TM) v 1.1.

Aegis is the first fundamentals-based global equity risk modeling tool available in a full Windows environment (1) (upper case "W") Refers to computers running under a Microsoft Windows operating system.

(2) (lower case "w") Also called a "windowing environment," it refers to any software that provides multiple windows on screen such as Windows, Mac, Motif and X Window.
, and includes 23,000 equities in over 40 countries. International equity managers worldwide can now analyze the risk characteristics of portfolios spanning both developed and emerging markets.

"We are now able to meet the needs of global equity managers for portfolio risk analysis. This will significantly increase the usefulness of Aegis for risk control, portfolio decision-making and client reporting purposes," said Andrew Rudd, chief executive officer of BARRA.

Aegis has been available since July, 1995 for numerous single country models, including the U.S., U.K. and Japan. Risk analysis, screening and optimization capabilities were part of the original release and continue with this upgrade to global coverage. Additional international features now available include detailed regional, country, industry, sector and currency risk breakdowns. Clients may purchase the global model in either a Financial Times or Morgan Stanley To comply with Wikipedia's , the introduction of this article needs a complete rewrite.  version reflecting their respective country and industry coverages. -0-

Aegis v 1.1 offers many benefits, including the ability to:

-- analyze portfolios relative to any global benchmark and/or market.

-- set user-specified parameters for regional and industry sector analysis.

-- optimize with constraints or penalties on region, country, industry/sector, currency, and style risk.

-- change numeraire currency at any time.

-- incorporate third-party or user data in both risk analysis and optimization.

-- view fundamental and other data items on individual securities, including beta, capitalization, specific and total risk.

-- export data to other PC-based programs in an open Windows environment. -0-

BARRA, founded in 1975, provides innovative analytical models, software and services that enable its more than 900 clients worldwide to make superior investment and trading decisions. BARRA's software and services analyze equity, fixed income, currency and other financial markets, and their models are the worldwide standard for communicating portfolio characteristics. Based in Berkeley, Calif., BARRA also has offices in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, Montreal, London, Paris, Frankfurt, Cape Town Cape Town or Capetown, city (1991 pop. 854,616), legislative capital of South Africa and capital of Western Cape, a port on the Atlantic Ocean. It was the capital of Cape Province before that province's subdivision in 1994. , Yokohama, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov.  and Sydney. Information on BARRA is also available on-line at http://www.barra.com.

CONTACT: BARRA Inc.

Feta Zabeli, 510/548-5442

Paul W. Green Paul W. Green (born 1952 in San Antonio, Texas) is a Justice on the Supreme Court of Texas. He was elected to that court in November 2004 and began his term on January 1, 2005. His current term ends on December 31, 2010. , 510/649-4656
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 16, 1996
Words:382
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