Portfolio Software Company Partners with Data-Driven Research Provider
Alpha Theory™, the investment industry’s leading Fundamental Portfolio Management Platform, announces a partnership with emerging research firm DISCERN™.
[USPRwire, Wed Oct 27 2010] Alpha Theory and DISCERN have begun joint marketing their portfolio and research platform to the hedge and mutual fund community. The foundation of the relationship is a culture based on scenario analysis. DISCERN provides detailed scenario analysis supporting their qualitative and quantitative research. Alpha Theory requires investors to describe their expectations probabilistically to calculate a risk-adjusted return and provide a platform to systematically turn research into a portfolio.
“Alpha Theory is proud to be partnered with a firm that has the caliber of people associated with DISCERN,” says Cameron Hight, President of Alpha Theory. “DISCERN represents the future of research providers with their data-driven, scenario-based analysis. Clients that find value in DISCERN’s approach will be able to integrate Alpha Theory’s platform into their investment process with relative ease.”
DISCERN currently provides Alpha Theory to its clients through DISCERN's first-of-a-kind DARTboard™ (DISCERN Asset Return Tool). The DARTboard provides clients with DISCERN’s scenarios (a forecast range of possible outcomes with estimated probabilities) and the associated implied risk-adjusted returns, integrated within a real-time, customizable interface. The interactive nature of the DARTboard allows for quick insight into how the risk-adjusted return of an asset changes as the market shifts, and how it stacks up against the risk-adjusted return offered by other companies in the sector, or even the return offered by companies in other sectors followed by DISCERN.
Additionally, DISCERN plans to make available Alpha Theory’s Portfolio Management Platform with an integrated DISCERN module. The module will allow customers to compare DISCERN scenario analysis and recommended position sizing to that of the customer's internal research.
“DISCERN is excited to partner with Alpha Theory, a company that shares our vision regarding the importance of scenario-based research and analytics. We look forward to bringing Alpha Theory's position-size optimization framework to our customers,” says DISCERN’s Chief Executive Officer, Harry Blount.
About Alpha Theory
Alpha Theory, the investment industry’s leading Fundamental Portfolio Management platform, is the premier solution used by hedge and mutual fund portfolio managers to develop an efficient portfolio using the concept of risk-adjusted return. Alpha Theory leverages research and instinct to build a repeatable system for optimally sizing positions. For further information, please visit www.AlphaTheory.com, blog.AlphaTheory.com or view a demo at www.AlphaTheory.com/demo.
About DISCERN:
With offices in San Francisco and New York, DISCERN is a leader in providing investors and decision makers with a persistent information advantage by uniquely blending investment research and contextual foresight. A company built on a fresh approach to investment research, DISCERN applies the collective knowledge of its team, including external experts, powerful information analytics tools and proprietary data streams, to dramatically increase the scope of DISCERN's individual analysts’ expertise. The result: better context, better decisions. DISCERN leverages its proprietary processes by partnering with leading data vendors, world-renowned experts, and financial technology providers to give its clients a sustainable information advantage. By "seeing" farther, faster and more accurately, DISCERN is quite literally changing the way research is done.
Alpha Theory Contact Information : Telitha Causey, Vice President, Marketing, Alpha Theory, (704) 307-2914 x207, www.AlphaTheory.com, tcausey@AlphaTheory.com
