As a result of this partnership the Northfield Optimizer will be offered as an optional component in the next major version of ClariFI's ModelStation(TM) that is scheduled for release in the fourth quarter of this year. The integration that has been developed between the two platforms will improve client's portfolio construction efficiencies, accelerate the implementation of new strategies and eliminate the operational risk that is typically introduced when data is moved between disparate systems.
"ModelStation is architected to be an open solution that allows our clients to optimize their workflow with any combination of proprietary or best of breed third party data sources and applications they choose", stated Brad Winney, ClariFI's President and CEO. "While many of our clients already use the Northfield Risk Models today, this new level of integration with their Optimizer will further improve their portfolio construction process, decrease time-to-market and deliver an even greater competitive advantage in the marketplace."
Dan diBartolomeo, President at Northfield commented, "We are delighted to form this partnership with ClariFI. As the market continues to develop new and better delivery platforms for sophisticated analytics to assist portfolio managers and analysts, the ClariFI partnership will serve our mutual clients well."