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Brainpower (Neuer Markt code BPW), provider of investment analysis and decision-support software tools for the investment community, is to supply Brainpower FINEST to recently launched risk specialist MangustaRisk.

MangustaRisk, which was launched in April 2000 and now has offices in London and Rome, provides outsourced Quantitative Risk Analysis for pension funds. They will be using FINEST integrated with information feeds from Bloomberg together with their own specialist risk models. The founders of MangustaRisk have strong representation from both investment banking and academic backgrounds - a combination of skills critical to delivering this specialist service.

Giancarlo Canavesio, co-founder of MangustaRisk commented, "We strongly believe that Quantitative Risk Analysis is not an exact science because the inputs, their weights, the algorithms you can use and the combinations of those are endless, therefore the skills of the risk manager are critical. By working with Brainpower, MangustaRisk can combine the technology with the in-depth analytical skills to supply our clients with a superior service which is cost effective and accountable."

Mark Wells, Chief Operating Officer for Brainpower commented, "MangustaRisk is a great demonstration of just how versatile Brainpower FINEST is. Although we supply the same product to each client, it is how they use the product to support their own expertise that makes it ideal for delivering true competitive advantage."



NOTES TO EDITORS

ABOUT BRAINPOWER
Brainpower is a developer and supplier of investment analysis and decision support tools for investment professionals and online financial service providers. Brainpower’s solutions are differentiated by their advanced capabilities to support enhanced decision-making for investment professionals and their clients, including retail investors. Brainpower works with its clients and partners, to help realise their strategic goals for delivery of services to clients and good fund performance through the effective use of technology.

The organisation’s high-end decision support tools for investment professionals, Brainpower FINEST and Brainpower Top Funds, support the analysis and management of stocks, mutual funds and portfolios. The technology is database-independent operating in a client/server environment. Based on recognised industry standards and solutions, the technology can be fully integrated into a client’s existing technological environment.

The newly developed Brainpower NetXceed supplies the key functionalities of Brainpower FINEST and Brainpower Top Funds offering for online financial service providers. Brainpower Compete! and Brainpower Friends are innovative tools for marketing and sales professionals in the financial services sector facilitating client acquisition and retention. Customers include leading players in the fields of asset management, private banking and online financial services.

Brainpower is a Dutch company and is currently represented in major European financial centres through eight offices: Frankfurt, London, Lugano, Milan, Madrid, New York, Paris and Zurich.

For further information see: http://www.brainpowerweb.com


Or contact:

Mark Wells

Brainpower

Tel: +44 1753 578174

Fax: +44 1753 575326

e-mail: mw@brainpower.ch

Andreina West/Mary Phillips

PR Artistry Ltd

Tel: +44 1491 636 191

Fax: +44 1491 579 798

e-mail: andreina@pra-ltd.co.uk

This press release was distributed by ResponseSource Press Release Wire on behalf of PR Artistry in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.