Information giant Thomson Reuters Corp (NYSE:TRI) announced that has launched QA Point, a cloud-based application that enables asset managers to utilize quantitative approaches in making investing decisions, designed to assist in creating increased productivity, better results, and accelerated internal collaboration among investment professionals.
QA Point utilizes a point-and-click interface and access to Thomson Reuters content, all with fast performance.
Portfolio managers continue to look for new ways to optimize the risk / return profile of their investment strategies, including the use of quantitative models. However, this presents challenges for traditional asset management firms that generally do not have highly technical “Quants” needed for quantitative analysis work, particularly for backtesting of models. Furthermore, increased pressure from investors is driving a need to improve collaboration and productivity in the investment management process.
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