BarraOne Successfully Implemented at Deutsche Postbank Financial Services.Summary: MSCI Inc. (NYSE NYSESee: New York Stock Exchange : MXB MXB Multimedia eXtension Board MXB MSCI-Barra, Inc. (stock symbol) ), a leading provider of investment decision support tools worldwide, is pleased to announce that Deutsche Postbank Postbank AG (ISIN: DE0008001009) is a leading German retail bank with headquarters in Bonn. History The Postscheckdienst was introduced 1909 by the German Reich. This established accounts for payment transactions by mail. Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , part of one of Germany's leading retail banks, is now using BarraOne to help the company identify and manage risk across its equity and fixed income portfolios. BarraOne Successfully Implemented at Deutsche Postbank Financial Services Portfolio management and risk analytics tool will be used to help company comply with local UCITS Undertakings for the Collective Investment of Transferable Securities - UCITS A public limited company that coordinates the distribution and management of unit trusts amongst countries within the European Union. III market risk regulations MSCI Inc. (NYSE: MXB), a leading provider of investment decision support tools worldwide, is pleased to announce that Deutsche Postbank Financial Services, part of one of Germany's leading retail banks, is now using BarraOne to help the company identify and manage risk across its equity and fixed income portfolios. "BarraOne has been successfully implemented across the organization here in Frankfurt," said Martin Bayer, Head of Risk Management at Deutsche Postbank Financial Services. "We will be using BarraOne's quick and easy risk reporting functionality to help us comply with local UCITS III market risk regulations, as well as using it for the day-to-day risk management of our funds." To support the implementation of BarraOne, Postbank Financial Services used the dedicated BarraOne implementation team. "We have been very happy with the execution and the speed of the implementation. The team exhibited a high level of professionalism and responsiveness, both during and after the BarraOne implementation," Mr Bayer added. Baer Pettit, Managing Director and Global Head of Client Coverage at MSCI Inc., said, "Deutsche Postbank Financial Services is one of the many clients who have come to us for tools to help them comply with certain local regulatory requirements Regulatory requirements are part of the process of drug discovery and drug development. Regulatory requirements describe what is necessary for a new drug to be approved for marketing in any particular country. , and we are delighted that BarraOne helps them meet their needs in this area." BarraOne provides a global, multi-asset class framework for portfolio construction, interactive risk analysis, trade scenarios, portfolio optimization and risk reporting, delivered through an easy-to-use browser interface. The application also provides extensive VaR, back testing back testing Using historical data to determine the relationship of specific variables. For example, a researcher might use historical data to determine if changes in the money supply have influenced changes in stock prices. and stress testing Determining the durability of a system by pushing it to its limits. Stress testing a network is performed by transmitting excessive numbers of packets or attempting to break in illegally. functionality, which may be used by firms to help them with the relevant regulatory requirements. 2009 Al Bawaba (www.albawaba.com) 2009 Al Bawaba (Albawaba.com) Provided by Syndigate.info an Albawaba.com company |
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