Free Financial Trading/Risk Portfolio software license
Altaira LLC is offering a free license, with source code, to their application. www.altairallc.com. 100% .NET, SQL Server, live feed, Web Services, grid enabled and more. There is usually a small support fee if the user is going to resell the app, or distribute to many users.
Altaira Makes Unprecidented Offer of Risk Management Software for FREE*
In order to accelerate market penetration, Altaira, LLC has chosen to make an unprecedented offer of its software product (including source code) AT NO COST. Because of this attractive offer, and Altaira's commitment to continued and superior support, a limited number of corporate licenses are being made available.* There is no fee for the Altaira software license, itself, although there is a fee for basic support.
Altaira Releases Version 2.0 of the Altaira Trading/Risk CrossAsset Portfolio Management System
- ... New Features in Version 2.0:
- Real-time trading dashboard that can support all asset classes and be customized by the user
- Risk Dashboard that shows all trading and portfolio risk across all asset classes
- Additional asset coverage...
A New Game of Risk
Demand for [risk services] will increase this year, predicts Blaise Labriola, a managing director of Altaira, a New York—based risk and portfolio management firm. Hedge funds will be expected, among other things, to closely monitor the counterparty risk of their prime brokers, a switch from the past — before the demise of Bear Stearns Cos. and Lehman Brothers Holdings. "It used to be the sell-side firms did that, but now the hedge funds have to," he says. Firms will have to track the obligations a prime broker has, for example, in credit default swaps.It is all part of a growing awareness that the world has changed. "A market like this rewrites all the rules," argues Labriola. The key to reassuring investors may lie in transcending previous practices. "Hedge funds with homegrown risk systems won't get money," he asserts. "Homegrown is not going to fly anymore." ...
The New Risk Management Tool Kit - Investors, not regulators, are driving risk technology spending
As old models prove ineffective, "there is going to be a shift in what people are looking at in terms of risk," say Labriola [managing director of Altaira], adding that firms will move away from value at risk (VAR)... According to Altaira, its risk technology aims to create a 360 degree veiw of a portfolio's risk... VAR only gives you risk; this methodology allows you to actually see what is going on in your portfolio. ...
Altaira partners with Microsoft at the 2008 Microsoft Financial Services Industry Partner Summit.
... As a Microsoft Financial Services Industry Partner, Altaira leverages leading technologies and cutting-edge tools to deliver a best-in-class cross-asset portfolio system for front-to-middle trading and risk-management, with robust back-office reporting ...
Altaira LLC releases the first comprehensive Cross-Asset .NET Portfolio system where the Source Code is included in the purchase.
... Stunning performance and a sleek, intuitive interface make for the best overall portfolio and risk management solution currently available for the high-end enterprise, the individual trader, and everything in between ...(article no longer available)