9-Jan-12, UnRisk took UnRisk FACTORY 3.1 and UnRisk FACTORY Capital Manegr 3.1 to financial institutions for enterprise-wide in-time risk management strategies. Together with a complete VaR Universe.

In May-08 UnRisk has released UnRisk FACTORY. Now, UnRisk FACTORY 3.1 is the 8th release of the fast-paced, accurate and robust risk analytics platform. After the recent release of the UnRisk FACTORY 3 this release was planned to complete the VaR methodology, but it comes with more.

Driven by the UnRisk FACTORY Capital Manager

UnRisk FACTORY enables its customers to focus on in-time decision support to manage risk from the single deal type to the most comprehensive portfolio. 

With clever High Performance Computing techniques UnRisk FACTORY enables the valuation of portfolios across comprehensive scenarios in record time. To access UnRisk FACTORY users need a web browser only.

UnRisk FACTORY Capital Manager introduces more automated tasks, including the calculation of VaR cubes and built-in tests, like stress and back-tests, benchmark comparison and so on. Version 3.1 has now completed the VaR methods by Montecarlo VaR calculations of all instrument types.

Further enhancement

In addition to the VaR method completion, UnRisk FACTORY 3.1 introduces

• Feed forward for CDS curves
• New missing market data strategy
• Short link to market data chart
• Export of valuation results for subgroups
• Calculation of implied margins for General Swaps
• A comprehensive online tutorial