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July 05, 2011

PerTrac's New Analytics Solutions Provide Daily Data



Two new analytics solutions, PerTrac Analytics 7.2 and PowerLink 1.2 have been launched by PerTrac. All data frequency types including daily data for investment analysis, strategy comparison and fund benchmarking are included in the powerful new releases. An announcement in this regard has been made by the top provider of analytics, reporting and communications software, PerTrac.

There has been an increased need among investors to balance risk and liquidity. The investment industry has considered moving to funds that provide daily NAVs. In order to access value and liquidity, high frequency analysis is required, however.

In a release, Brendan Dolan, Co-President of PerTrac said, “Investors and funds need to be able to analyze daily and weekly data quickly and comprehensively. Our new release handles daily data and provides investors with the tools to easily select and benchmark fund performance across universes such as Mutual Funds, ETFs, UCITS and more. Daily is now an imperative for the alternative industry and PerTrac is prepared for all data frequencies.”

In response to the growing popularity of UCITS or Undertakings for Collective Investments in Transferrable Securities, the enhancements were first developed. Operating under a pan-European set of regulations, UCITS are actively managed funds. As compared to hedge funds, these funds are more liquid and transparent. Investors have flocked to UCITS since the financial crisis. Nearly $8.8 trillion has been invested by the investors in mostly long-only equity UCITS funds.

Daily data supplied by Morningstar will be integrated by the newest releases from PerTrac. Daily data from HFR, BarclayHedge and Lipper Tass will be also integrated in Q3. PerTrac solutions also allow investors to integrate their own proprietary data.

Software solutions for investment professionals are provided by PerTrac. These solutions are provided at the fund-level of investing. These include pensions, family offices, hedge funds, long-only managers, endowments, sovereign wealth funds, funds of funds and industry service providers.

PerTrac software solutions are relied upon by over 1,400 organizations in 50 countries. These solutions help to maximize returns, reduce risk and operate more efficiently. New York-headquartered PerTrac was founded in 1996. The company also has offices in London, Hong Kong, Tokyo, Reno, and Memphis.


Carolyn John is a Contributor to TMCnet. To read more of her articles, please columnist page.

Edited by Rich Steeves
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