The Labranche Institutional Execution Group, a leading execution and clearing firm, has teamed up with Portfolio Science, a leading risk management service provider, to deliver a unique
pre-trade exposure analysis tool for its institutional clients. The LaBranche Pre-Trade Risk Tool allows buy-side firms to quantify the exposure of buy and sell orders and to measure the
potential market risk associated with the trade execution process.
Using the Portfolio Science RiskAPI platform, the LaBranche Pre-Trade Risk Tool generates a wide range of exposure calculations on clients's buy and sell orders. Users can isolate
indexes, ETFs, or single stocks that could most affect their positions as well as market sector and industry concentrations which their orders may be exposed to. A wide range of risk
calculations are available, such as Value At Risk, volatility, correlation, and beta. Additionally, liquidity alerts are provided, notifying clients of orders that may result in excess
risk due to low volume or large size.
There is a great deal of value that is added by applying proven risk analysis technology to order execution, said Ittai Korin, Founder and President of Portfolio Science. The ability to
measure and quantify the exposure of outstanding orders is crucial to clients, especially in a volatile market environment.
RiskAPI provides an easily deployable, flexible, efficient and cost effective solution for funds that incorporate risk management as a cornerstone of their investment strategy. The
applications of the platform can provide strategic forward projection data for fund CFOs, portfolio managers and traders, added Richard Fremont, Vice President of LaBranche Financial
Service'ss Institutional Execution Group.
About LaBranche Financial Services, Inc.
LaBranche Financial Services, Inc. provides execution and clearing services to institutional investors, professional traders and NYSE floor member brokers. With an experienced staff and
the latest technology, LaBranche Financial Services is a proven reliable resource for the industry.
As a subsidiary of LaBranche & Co. Inc., LaBranche Financial Services, Inc. is backed by the strong capital position, experience and technological resources of a proven industry
leader. Trading equities for over 100 years, Labranche & Co. is the oldest and largest specialist firm on the NYSE.
About PortfolioScience
PortfolioScience specializes in risk management technology for financial institutions and investment services. The company'ss products allow fund managers, traders, and investors alike to
access powerful risk analysis capabilities on-demand. In addition, PortfolioScience creates turn-key risk management systems for institutional financial services, allowing them to provide
their clients with portfolio risk analysis services virtually overnight. For additional information on Portfolio Science visit www.portfolioscience.com.