Odyssey Financial Technologies has launched a new Portfolio Risk module to enable its clients better respond to emerging business requirements.
Odyssey’s Portfolio Risk module is fully integrated with its private banking platform Triple’A Plus and can be implemented in any version of the solution without the need to upgrade.
The new module is powered by X-ante, an independent product developed by the Swiss company Fincell Consulting to calculate and analyze risk using a variance-covariance matrix methodology.
Odyssey said its Portfolio Risk module includes several industry-standard risk statistics, as well as back testing, what-if analysis and wealth projection tools.
Odyssey Financial Technologies Marketing & Product Management VP Didier Pitton said that the new Portfolio Risk module will enable private wealth management institutions to respond to the emerging requirements as it contains the best-of-breed portfolio risk analytics and is a powerful support tool for proactive risk-adjusted advice.