FinAnalytica, Inc. and Andrew Kalotay Associates (AKA), announced today the formation of a strategic partnership.
Under this partnership, the next generation of stable distribution risk and portfolio construction capabilities of FinAnalytica's Cognity suite will include AKA's fixed income analytics libraries. This combination provides analysts and portfolio managers with AKA's high-precision fixed income valuation and risk calculation capabilities and Cognity's advanced modeling of heavy-tailed and skewed credit spreads and asset returns in a single environment. Cognity users would be able to construct fixed income portfolios with the highest risk adjusted return.
"This opportunity takes full advantage of the best of breed fixed income analytics of AKA and our leading edge Cognity portfolio construction and risk analytics software suite," said Stephen Elston, President of FinAnalytica.
According to Andrew Kalotay, President of AKA, "The use of the heavy-tailed and skewed asset return modeling capabilities in Cognity combined with AKA's superior fixed income libraries will provide clients with a new and valuable tool for fixed income portfolio construction and risk analysis."