Software to Think

By Ramesh Akkineni

from an article in Business Standard

“This product can help improve investment decisions made by any investor, from large country level pension systems or central bank reserves management, operations to hedge fund, fund-of-funds and even individuals. The Indian market is ripe for such as applications and would allow investment firms in India to rapidly achieve best practices.”
“Investors with limited quantitative or technical skills can model their static portfolio and then develop intelligent rules within AlphaEngine to manage their portfolio dynamically and see the impact immediately,” the spokesman noted.
It allows complex asset management techniques to be incorporated into a portfolio in a transparent and easy-to-use manner, thereby improving returns, risk management and governance, he added.

the only people who will surely make money with these 'tools' is the software company that makes such 'tools' and the advisors who collect fees from their clients to use the 'tools'

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