Dresdner Kleinwort Wasserstein has released CreditHorizons, a credit-risk and portfolio-analysis system. The system was previously used in-house by the investment-banking arm of Dresdner Bank, but will now be offered as a client version. The solution calculates daily risk and valuation indications for credit by examining information from bonds, equities and options. DKW has been working with certain counterparties to develop the client version of CreditHorizons since January 2003. In addition, DKW is offering a service via its Web-based trading system that allows clients to electronically post orders to the London Metal Exchange's platform, LME Select.
Charles Schwab Corporate Services has launched an analysis tool for retirement-plan participants. The Personal Rate of Return tool provides charts and graphs for participants in the bundled defined contribution plan. Participants can view their investment performances as entire accounts or individual investments. Some of the aspects of the tool include cumulative-return computation, net-return calculation, rate-of-return illustrations, and customizable data by time period. Charles Schwab Corporate Services developed the tool in coordination with dailyVest, a Tucson, Ariz.-based software-development firm.