Business Concern and Solution
Investors are demanding increased accountability for risks taken relative to returns achieved.
Individual and professional investors need to track historical equity performance and
conduct risk/return analyses. This meant having access to global financial market statistics,
sophisticated methodology to assess risk and return, and network computing technology
which will make this application universally available. How can individual and small business
professional investors get this customized risk management service, when it is only available
to leading international financial institutions for thousands of dollars per year?
A partnership between Infinity Financial Technology, Dow Jones & Company, and IBM provided the answer.
Solution Synopsis
Riskview.com, a free Java-based web site, provides individual and professional
investors with customized risk management analyses of international stock portfolios.
The data includes the Dow Jones Global Indexes (DJGI) and its underlying stocks,
providing over 3,000 indexes tracking stocks in 29 countries, 9 economic sectors,
and 121 industry groups. Developed by Infinity, riskview.com, is a single-source
tool to monitor total returns on individual equities or indices, evaluate personal
portfolios, and perform "what if" risk scenarios using over five years of daily
historical data. This site provides daily updates to the DJGI stocks and indexes
and Value-at-Risk (VaR) analyses based on Infinity's EquityMetrics, a full
set of return volatility and correlation estimates. IBM is hosting the web site on its
scaleable, massively parallel RS/6000 SP computers. IBM is also providing proprietary
agent technology to allow users access to related internet information consistent
with their portfolio holdings.
Business Profile
Infinity Financial Technology, Inc., develops and markets best-of-breed applications for
financial trading and risk management. The company was founded in 1989, and completed
its initial public offering in October 1996. It offers global sales and support through offices in
New York, Chicago, Toronto, London, Paris, Frankfurt, Tokyo, Singapore, and Sydney.
The company's clients are among the world's leading financial institutions, including ABN AMRO,
Chase Manhattan, Mitsubishi Trust and Banking, National Australia Bank and Westdeutsche
Landesbank. BusinessWeek recently recognized Infinity as #7 on its top 100 list of "Hot
Growth" public companies in the U.S.
For Additional Information
Check out the free of charge web site, written entirely in Java, for customized risk
management analyses at www.riskview.com.