19 March 2018

Synergy Asset Management selects Bita systems for portfolio management

29 November 2002  |  710 views  |  0 Synergy Asset Management selects Bita systems for portfolio management

Canada-based Synergy Asset Management (Synergy) has licensed Cor Risk Solutions' portfolio analytic software Bita Research and Bita Risk Modeller.

The software will enable Synergy, which provides 'style-based' mutual funds, to construct a set of factor risk models according to specifications, create historic factors from fundamental data, undertake fractile-based backtesting and produce optimised portfolios.

Mike Mahoney, portfolio manager, Synergy comments: "Bita Research's powerful analytic, modelling and optimisation capabilities will support our factor-based investment strategy development, helping us to successfully identify the strategies to be implemented."

The deal is the first win for Cor Risk Solutions in Canada.
KeywordsBUY SIDE

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related blogs

Create a blog about this story (membership required)
Visit www.facebook.com/business/Visit www.vasco.com

Top topics

Most viewed Most shared
Can banks be a threat to Big Tech?Can banks be a threat to Big Tech?
8477 views comments | 24 tweets | 36 linkedin
Indian fintech sector needs regulatory support to flourishIndian fintech sector needs regulatory sup...
8206 views comments | 9 tweets | 8 linkedin
BIS warns central banks on digital currency issuanceBIS warns central banks on digital currenc...
7079 views comments | 18 tweets | 17 linkedin
Barclays propels Coinbase into Faster PaymentsBarclays propels Coinbase into Faster Paym...
7020 views comments | 15 tweets | 28 linkedin