ClariFI®, a Standard and Poor’s Capital IQ business, provides software and services focused exclusively on helping quantitative portfolio managers and researchers decrease the time it takes to research, test, and put into production their alpha generating strategies.
Reducing the Time, Effort, and Cost of Investment Management
With an exclusive emphasis on the needs of investment managers, ClariFI’s ModelStation® was built from the ground up exclusively to address the entire research and production lifecycle. From screening and backtesting to event study and portfolio construction to return attribution, ModelStation provides comprehensive functionality in a single integrated solution that is controlled end-to-end through an intuitive user interface. Built using state-of-the-art technology, ModelStation is a flexible, scalable, and open solution that enables clients to integrate ModelStation functionality with numerous third party or proprietary data sources, applications, and models.
Features and Benefits
Each of ModelStation’s workflow modules delivers a combination of unique features in the areas of:
Data Management: An integral part of the ModelStation infrastructure is a robust data extraction and transformation system that allows for native connectivity to market leading vendors as well as in-house or proprietary sources.
Factor Backtesting: Factor Backtesting workflows support the rapid testing of any combination of single and multi-factor model “signals” and factors using quantile analysis techniques.
Event Study: An industry-first event analysis tool for portfolio management featuring an intuitive graphical interface and robust reporting functions enables users to determine the impact of discrete events on future returns.
Model Construction: Ranging from simple linear factor models and cross- sectional or time-series regressions to non-parametric routines, ModelStation’s Model Construction module supports the full range of model estimation methods.
Strategy Simulation: Strategy Simulation enables robust testing of model behavior using rules-based portfolio construction or portfolio optimization. Key benefits include evaluation of risk controls on strategy performance and optimal trading parameters for strategy execution.
ClariFI Portfolio Optimizer (CPO): CPO is a mixed integer optimization module designed to solve the most challenging real-world portfolio construction and rebalancing problems. This module is tightly integrated into ModelStation’s Strategy Simulation module for accurate historical backtesting of strategies, and ClariFI’s Optimization Workflow, for creating production portfolios and trade lists.
Portfolio Attribution: The Portfolio Attribution module provides a detailed analysis of a portfolio’s risk and return characteristics. ModelStation’s open platform allows for risk and return to be analyzed with any commercial or custom risk model, and across any grouping of issues or companies.
Compustat is the premier supplier of fundamental company, index and industry information and produces a variety of databases and software products for institutional investors, financial and corporate clients.
Capital IQ is a web and Excel-based research platform that combines deep information on companies, markets, and people worldwide with robust tools for fundamental analysis, financial modeling, market analysis, screening, targeting, and relationship and workflow management.
