Imagine Software Integrates Barra Multi-Factor Models

Imagine Software, a provider of real-time portfolio and risk management solutions worldwide, has completed a project to integrate MSCI Barra's multi-factor analytics. Imagine users will now have the option of adding this advanced analysis capability to the suite of risk management tools already available in Imagine's Internet-based Derivatives.com product.

"The business rationales behind the integration included adding another dimension to examining risk in real-time, enabling non-linear stress testing, utilizing Barra functionality beyond straight equity portfolios, and making multi-factor analysis easy-to-use in one's day-to-day operations—which I think we've done a nice job of providing," said Lance Smith, CEO, Imagine Software, in a press release.

Remarking on the benefits the Barra integration within Imagine can deliver to buy-side clients in the context of their investment process, Smith said, "users have everything they need to take full advantage of Barra's highly regarded data sets and models and will be able to use Barra data for a wide range of strategies that encompass stocks and ETFs. Imagine also enables clients to measure exposures of derivatives in terms of Barra factors and calculate the VaR of portfolios in terms of Barra factors. The two firms are conducting workshops at MSCI Barra offices in New York and London on September 10 and 16, respectively, to introduce current and prospective clients to the integration project's benefits.