Varitron and the Inforex front office system is launched
The integrated version of Varitron and the Inforex front office system is launched, thus enabling traders to check their VAR limits before the trading ticket is entered, so making risk management proactive.
Varitron 1.1
Varitron 1.1 is launched. The new version supports traditional (gross value, maturity and duration based) limits besides the net value and VAR limits. Also, in the variance-covariance matrix decay factors can be set for each product pair.
Inforex-Varitron integrated system
Hungary's main commercial bank, Postabank decided to implement the Inforex-Varitron integrated front office and risk management system. On the tender Inforex-Varitron won over several globally well-known systems. The main criteria on the selection was the handling of the specialities of the Hungarian capital and money market, the excellent local support and the competitive price.
CA-IB Securities has got a new system
Hungary's top ranking securities firm, CA-IB Securities has chosen Varitron to offer market risk functionality in its new, integrated system. Furthermore, Varitron will prepare CAD reports and risk reports to the owners. Varitron will be integrated with the new, Oracle based back office system.
Multilingual version
The multilingual version of Varitron has been released today, letting users change the language during runtime. Currently clients are able to choose between Hungarian and English versions.
Inforex-Varitron integrated front office and risk management system
The Hungarian Post Office chose the Inforex-Varitron integrated front office and risk management system to serve its recently created Treasury Department. The system will help the company's daily cash management as well as the currency risk management of its investments. The program will connect to the firm's SAP system via interface.
"decree on the trading rule"
The so-called "decree on the trading rule" has been declared. At the same time the parliament modified the corresponding paragraphs of the Hungarian Banking Act and the Hungarian Securities Act. The new regulation requires banks and securities firms to have enough capital to cover their market risks.
A Credit Lyonnais Bank has been chosen Varitron
Credit Lyonnais Bank chose Ramasoft's Varitron system as a trading book reporting solution. The system interfaces with the banking system and is powered by a Microsoft SQL Server 2000 database.
Extended data service
We extended our data service to include the Hungarian mortgage paper zero coupon yield curve, that we estimate using the prices of the morgage papers listed on the Budapest Stock Exchange. The estimation is based on linear interpolation of cubic spline functions.
Analytica system
Representatives of Lumina Decision Systems (http://www.lumina.com) and Ramasoft Llc. today signed an agreement about the distribution of Analytica in Hungary, making Ramasoft a value added reseller of Analytica. Analytica has more than 10000 users around the world.
Ramasoft will use Analytica to develop solutions thet require complex mathematical and financial models, and users want to modify the models themselves. These solutions include asset-liability planning and analysis or liquidity and cash planning and forecasting systems.
Datatron service went live
The Datatron service went live today (http://www.datatron.hu). The service enables our data service subscribers to access our data through the web.
Quant 3.0
Version 3.0 of Quant was released. This is the first version released by Ramasoft, including bug fixes and new functions both on the client and the server side. The system had undergone intensive testing. The version is installed to all the Quant users who purchased the right for the latest version from Ramasoft.