ClariFI Launches ModelStation v1.9 Including Time Varying Universe Support, Composite Models and Non-Linear Routines - Extending its Lead in the Strategy Simulation Marketplace.

BOCA RATON, Fla. -- Now Faster and Easier to Combine Multiple Time Series Models Types - Creating Most Accurate Backtests in the Industry

ClariFI, a leading provider of quantitative research and risk management solutions, announced today the release and general availability of ModelStation v1.9. According to company officials, ModelStation(TM) v1.9 includes a number of key features including support for time varying universes, the ability to combine multiple models into composite models (including non-quantitative ratings), and the ability to use non-linear algorithms to build optimal forecasting models.

"Having time-varying universe support in ModelStation frees our users of having to worry about whether or not their research includes the proper constituencies at the proper time, which in turn minimizes the risk of survivorship bias," said Gioel Molinari, ClariFI's Founder, President and Chief Technology Officer. "Also, the ability to aggregate multiple quantitative and fundamental models to produce hybrid alpha forecasts gives our customers even more flexibility in testing and launching real-world portfolio strategies."

"ModelStation is our preferred platform for investigating the worthiness of multi-factor forecast models," says Maia Berkane, former Vice President, Proprietary Trading at Deutsche Bank Securities and now Senior Quantitative Analyst at Marin Capital. "Now, we can augment our regression based models with human, fundamental models, and explore the different combinations of each that yield the best performance over time. That coupled with time varying universe support in particular, has enabled us to increase the precision of our models greatly and do so in a much quicker fashion."

ClariFI, of Boca Raton, Florida, is a privately held solutions provider to the active funds management industry and counts leading financial institutions among its clients including CSFB, Deutsche Bank, SDS Capital and Wachovia Securities. The company specializes in securities modeling software and risk management services and has developed the industry leading ModelStation(TM) product line. Additional information about ClariFI can be found at http://www.clarifi.com.