Firm Offers Free-Risk-Report Apps

Hedge Fund Alert, the industry's leader in covering all things hedge funds, highlights DataArt's unveiling of two free apps, Form PF for SEC filing and Risk Reporting Suite for OPERA Built on MongoDB.

"DataArt will unveil a risk-data aggregation program at Sifma's "Tech 2013" conference June 18-19 in New York. It is designed to help managers generate industry-standard risk reports for investors. The other free application, which DataArt announced last month, aims to simplify filing of the SEC Form PF.

... The company says the free applications provide capabilities that are usually offered by vendors as part of costly packages of products and services. "Clients shouldn't pay through the nose for this common stuff," sad Alexei Miller, a DataArt executive director who oversees customer relations."

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