|
|
| 15 July 2009 |
The latest issue of Quantax News
features the Enhanced Equity Model and Quantax 4.5.2. |
| 26 May 2009 |
Service Pack 2 to Quantax 4.5 is now available. Quantax 4.5.2 features a hundred
changes and fixes, and provides support for an enhanced equity model as well as for new
exotic structures. |
| 5 Jan 2009 |
Raiffeisen Schweiz
Genosssenschaft went live with Quantax connected to Avaloq. |
| 28 April 2008 |
Service Pack 1 to Quantax 4.5 is now available for installation. Quantax 4.5.1
features considerable new functionality. It completes the
transition to the new interest model with estimated future cashflows. It
contains about 85 changes and fixes. |
| 1 Apr 2008 |
The latest issue of Quantax
News describes the Service Pack Quantax 4.5.1, as well as
general news from clients and the Quantax team. As a first, the
newsletter concludes with a literature tip about a veritable
thriller. |
| 28
March 2008 |
Over the Easter weekend, St. Galler Kantonalbank went live with Avaloq and
Quantax. It is the first bank using Quantax as an add-on to Avaloq. |
| 21 Dec 2007 |
COMIT übernimmt Quantax-Betriebs-Partner talkfinance ltd.
COMIT und talkfinance freuen sich, Ihnen die Übernahme der Firma talkfinance
ltd. durch COMIT AG bekannt zu geben. COMIT und talkfinance sind langjährige
Partner im Bereich der Marktrisiko-Management Applikation
Quantax®.
Alle Dienstleistungen von talkfinance werden von COMIT weiter geführt und
ausgebaut. Alle Mitarbeiter von talkfinance werden übernommen.
talkfinance hat ein umfassendes Know-how im Betrieb von Quantax aufgebaut.
talkfinance hat Kunden in Deutschland, Österreich, Luxemburg und in der Schweiz
und bietet unter anderem den Server-Betrieb, die Pflege der Stammdaten
und Preisdaten sowie die Risiko- und Performance-Auswertungen (z.B. durch
tägliches Reporting) an.
Die Kombination der Quantax Produktentwicklung, der Beratung, des Betriebes
sowie der Kundenbetreuung und des Verkaufs unter dem Dach von COMIT erlauben
uns, auf die Kundenbedürfnisse noch effektiver einzutreten und die Leistungen
auszubauen.
Wir sind überzeugt, mit der Bündelung unserer Kräfte das Produkt Quantax und
die damit verbundenen Dienstleistungen wesentlich stärken und als führende
Lösung in diesem Marktbereich positionieren zu können. |
| |
COMIT takes over its Quantax operating partner talkfinance ltd.
On 1 January 2008, COMIT took over the IT service provider
talkfinance, long-term partner for its market risk management
software, Quantax. With this acquisition, COMIT is steadily
expanding its portfolio of solutions and building on its
expertise in the area of IT-based risk management.
This meets the urgent requirements of the banks, for which
efficient risk management is a core competence needing constant
development and refinement. COMIT will continue to offer and
enhance all the talkfinance services. The five members of staff
were also taken over.
talkfinance has extensive expertise on Quantax, including
server operations, maintenance of master and price data
structures, as well as risk and performance evaluations. Quantax
users include well-known financial institutions in Germany,
Austria, Luxembourg and Switzerland.
Urs Buner, CEO at COMIT, comments: «We are positive that by
combining their strengths, we will make Quantax and its
associated services considerably stronger and will be able to
position them as the leading solution in this market segment.» |
| 26 Oct 2007 |
The first Quantax User Meeting took place at the Zurich
Sihlcity
on 26 Oct 2007. It was attended by 20 delegates from clients.
Ten presentations brought
everybody up to speed on what can already be done with Quantax
and what is planned for the future. Lively and fruitful
discussions continued well into the evening, and strengthened
the bonds within the Quantax community.
Copies of the presentation slides are
available upon request. |
| 7 Sep 2007 |
The Quantax Guided Tour has
been totally rewritten and is now current with Quantax 4.5. |
| 16 August 2007 |
Quantax 4.5 is now released. This is an important release, with
many new features and facilities. Please refer to
Quantax
News 11 for a list of changes. |
| 31
May 2007 |
St. Galler Kantonalbank will become
the first user of Quantax with
Avaloq. The banks will use
Quantax as a risk management and position keeping add-on to
Avaloq, from which it will obtain all transactions and reference
data. |
| 28 Apr 2007 |
 We welcome the
Raiffeisen Bausparkasse, Vienna as a Quantax user. This
specialized Austrian savings and mortgage institute is a market
leader in the Austrian as well as in central and eastern
European markets. Almost all functionality of Quantax will be
used over a wide range of instruments, including exotics. |
| 27 Apr 2007 |
The latest issue of Quantax
News describes the changes of Quantax 4.5, as well as from
the client side and a farewell to the original creator of
Quantax.
Highlights of the upcoming Quantax 4.5 release include a new
treatment of interest-bearing instruments with floating coupons,
and Credit Value-at-Risk calculations and reporting, supporting
Basel II requirements. The Kahua program reported in the last
Quantax News (Issue 10) contributed the completely reengineered
handling of portfolios and all static data objects. |
| 27 Feb 2007 |
Quantax 4.4.1 is now released. This is a Service Pack for Quantax 4.4 and contains fixes and a number of minor changes. |
| 17 Nov 2006 |
On 17 November, we have converted our issue tracking tool Bugzilla to JIRA.
Details have been communicated to all Bugzilla users. Detailed
instructions are available on the
support page. |
| 4 Oct 2006 |
Quantax 4.4 (final) is now officially released. |
| 23 May 2006 |
Quantax News 10, a
special issue on technology, is now available. It contains an
update on the various technologies that make integration of
Quantax an easier task, as well as information on some
strategic developments that are related to technology. |
| 11 Apr 2006 |
IPConcept
Fund Management S.A., becomes Quantax client.
The Luxembourg based fund management company manager uses the BSP service of
. |
| 3 Apr 2006 |
The ORM project of
Raiffeisen
went live successfully, making Quantax the P&L master for all
trading operations, replacing functions previously implemented
using various other systems and devices. |
| 3 Nov 2005 |
A Quantax Brochure
is now available in German. |
|
27 Oct 2005 |
The latest issue of Quantax
News describes the changes of Quantax 4.4.
Highlights include Exotic Assets, Monte Carlo Value at
Risk, Benchmarking and Performance Attribution, and flexible
grid-based multi-processor support. |
27 Oct 2005 |
Quantax 4.4 will be launched at the Finance Forum
2005, which takes place 1st/2nd November 2004 in the Kongresshaus
Zurich. Come by and get a demo! |
| 13 Sep 2005 |
COMIT, a Swisscom
company
Swisscom IT Services AG and COMIT AG are merging their
expertise and their activities in the banking sector. Swisscom IT
Services will purchase all shares in COMIT. As from 1 January
2006, COMIT AG will be run as an independent subsidiary of
Swisscom IT Services and will take over the Financial Services
business unit. The newly formed company will employ around 420
staff, generating annual revenue of around CHF 200 million, and
thus be-coming a leading provider of IT ser-vices to the Swiss
financial industry. The current management of COMIT will continue
to serve. Michael Shipton will be Chairman of the Board of
Directors. |
| 21 Mar 2005 |
Joint
Press Release by Raiffeisen Group and COMIT about
introduction of Quantax. |
| 8 Mar 2005 |
Quantax 4.3.1 is
now available. This is a maintenance release to 4.3. Quantax 4.3
continues to be supported. |
| 20 Jan 2005 |
Quantax 4.3 is now
available for general installation.
Meanwhile, development of release 4.4 is in full swing, with
focus on Monte Carlo Value at Risk and Portfolio
Performance.
End of Support of version 4.2 has been announced to
clients. |
| 8 Dec 2004 |
WestAM Mellon Asset Management setzt die Derivateverordnung mit QUANTAX um
Die WestAM Mellon Asset Management
wird die Risikomessung nach den qualifizierten Ansatz
(Derivateverordnung) für ihre Sondervermögen mit Quantax von
COMIT umsetzen.
Die Gründe, die zu der Entscheidung für Quantax geführt
haben, lagen in der umfänglichen Abdeckung der
DerivateVerordnung, wie z.B.
- Berechnung der notwendigen Risikokennzahlen
- flexibles Limitsystem
- Messung der Marktpreisrisiken gegen Vergleichsvermögen
- Backtesting
- Messung der Ausstellerrisiken von Derivaten Produkten
- Messung der Kontrahentenrisiken
- Stresstesting
Die WestAM hat sich für den externen RZ-Betrieb durch COMIT entschieden.
|
| 28 Oct 2004 |
The latest issue of Quantax
News describes the changes of Quantax 4.3, which is being
launched at the FinanceForum. It also contains news from clients
and an overview tutorial (in German) on the treatment of
derivatives by asset managers in the German Derivatives
legislation.
|
| 22 Oct 2004 |
Raiffeisen Trading and Risk Management live with Quantax
The Trading and Risk Management of Raiffeisen
(SVRB) Zentralbank went live with Quantax, replacing the
previous solution from a large US software provider. Quantax is used in
trading across all markets, in risk management and in the mid
and derivatives back offices. The installation complements the
Quantax system that is in use since 2001 in the ALM area. |
| 22 Oct 2004 |
Quantax 4.3 will be launched at the Finance Forum
2004, which takes place 2./3. November 2004 in the Kongresshaus
Zurich. Come by and get a demo! |
| 15 Sep 2004 |
Cooperation with softcash
AG
COMIT is please to announce its cooperation with
softcash AG, a leading provider of integrated corporate treasury
management systems. Quantax provides market risk analytics for magnet,
the newly developed treasury management system launched by
softcash in August 2004.
See magnet
product description (PDF, 1017 KB) |
| 27 April 2004 |
The May Issue of the Schweizer
Bank contains an article by Johs. Hoehener and Roman Timm
about COMIT's view on Risk Management Systems, as well as
promotional items by COMIT and talkfinance. Please contact
COMIT for a copy. |
| 25 Nov 2003 |
Python,
the Programming Language behind all of Quantax, was voted the
"most interesting programming language" and received
the Linux
New Media Award 2003 by the German Linux
Magazin. |
| 21 Oct 2003 |
Once again, COMIT will show its range of risk
management solutions at the annual FinanceForum,
whose 13th edition takes place 4./5. November 2003 in the Kongresshaus
Zurich. On the COMIT booth (booth 62, in the main Kongresssaal)
we will show Quantax 4.2 and SWORD.
|
| 6 Oct 2003 |
Quantax 4.2 is now released. See Quantax
News for a list of changes.
|
| 17 Sep 2003 |
The latest issue of Quantax
News describes the changes of Quantax 4.2, due to be
released early October. It also contains a focus article
on Credit Derivatives.
|
| 17 Sep 2003 |
The Guided Tour and the Fact Sheets
have been updated for Quantax
Professional 4.2.
|
| 6 June 2003 |
The Quantax Issues tracking system is now available to clients
and partners in the Support section.
Clients and partners will receive instructions or can call COMIT
for assistance.
|
| 19 May 2003 |
The Guided Tour and the Fact Sheets
have been updated for Quantax
Professional 4.1.
|
| 22 April 2003 |
Quantax Professional 4.1 has been released. It features a
revamped user interface, real-time positions and reports, a true
multi-entity capability, as well as many other
enhancements.
The latest issue of Quantax
News describes the changes, and also contains a focus
article on Asset and Liability Management (ALM).
|
| 24 Feb 2003 |
Slides (PDF) from the TekZone
presentation about Quantax technology (in German):
Open Source im Handelsraum - Professionelle Handels-Lösung
auf Basis des Applikations-Servers Zope
|
| 13 Nov 2002 |
COMIT proudly announces a partnership with talkfinance
ltd.
talkfinance ltd. offers outsourced risk management
solutions based on Quantax Professional. talkfinance
ltd. operates Quantax as an Application and Business
Service Provider (ASP/BSP) and provides a modular package
covering the complete Straight-Through-Processing chain, whereof
maintenance of reference data and prices is a core element.
Please contact quantax@comit.ch for
further information. |
| 1 Nov 2002 |
The FinanceForum
2002 takes place 5./6. November 2002 in the Kongresshaus
Zurich. On the COMIT booth (booth 68, in the main
Kongresssaal) we will show a preview of Quantax 4.1. The
previewed features include reports with real-time updates,
an improved Portfolio @ a Glance, and multi-entity support.
A special issue of the Quantax
Newsletter describes these new core features. Exceptionally,
this special issue of Quantax News is in German. |
| 24 Sep 2002 |
The fourth issue of the Quantax
Newsletter has been published, with a description of
Quantax Professional 4.0.
The Guided Tour and the Fact
Sheets have been updated for Quantax Professional 4.0. |
| 3 Sep 2002 |
Quantax Professional 4.0 will be
launched at the Sibos
2002 Exhibition in Geneva (30 September – 4 October
2002). COMIT will demonstrate Quantax on the SUN
Microsystems booth (C090 in Hall 2).
Sibos is one of the world’s premier
financial services event, attracting the industry’s leading
figures and firms. |
| 2 Sep 2002 |
Zope,
the Application Server used by Quantax, was awarded the 2002 Linux
Journal's Editors' Choice Award for Best Enterprise
Application Server.
Zope shares the honor of receiving a Linux
Journal Editors' Choice Award with companies like IBM, Sun, HP
and Sharp. |
| 28 Jan 2002 |
Zope
Corporation has announced
Zope 2.5. Zope
is the application server used by Quantax. Quantax Professional
4.0, currently in development, will use Zope 2.5.1. |
| 30 Nov 2001 |
Quantax Professional 3.5
has been released. Its main new features are documented in Quantax
News 3. In addition, major performance improvements have
been made. |
| 6 Nov 2001 |
The third issue of the Quantax
Newsletter has been published, with a summary of Richard
Pike's talk at the Finance Forum and a description of Quantax
Professional 3.5. |
| 1 Nov 2001 |
The Finance Forum
(www.finance-forum.com)
is the leading event for the financial sector in Switzerland.
Its 11th edition will take place on 6 and 7 November 2001 at the
Kongresshaus in Zurich. COMIT will present Quantax at
booth 54, in the main Kongresssaal.
A preview of version 3.5 of Quantax Professional will be
demonstrated. It includes the newly designed Portfolio @ a
Glance display, which is designed to show, on one screen,
the most important figures for an investor. Emphasis is on
performance, risk with volatilities and profit and loss
calculations, all using historical revaluations of the current
portfolio.
The developers of Quantax will be present, and look forward
to discuss your specific requirements with you.
Richard Pike, Director, COMIT Ireland, will give a
speak on Relevance and Impact of Risk Management and Private
Banking in the Banking Today series (6 November 14:10-14:30, B2,
free of charge). A synopsis of his talk is included in Quantax
News 3. |
| 11 Sep 2001 |
The second issue of the Quantax
Newsletter has been published, featuring an article on Downsizing
Trading Systems as well as a description of Quantax
Professional 3.02. |
| 5 Sep 2001 |
Quantax Professional
3.02 has been released. Major enhancements are new instruments,
a risk analysis report, VaR enhancements, and a task automation
facility. Further information is contained in Quantax
News 2. |
|
13 Sep 2001
|
COMIT hosted a Risk Event with the topic of Risk
Management in Private Banking. Please contact
RAS for copies of the presentations.
|
|
3 Jul 2001
|
The RAS Fact Sheet is now
available in English as well as in German.
|
|
28 May 2001
|
Fact sheets on Quantax
Professional functionality and technical issues are now available.
|
|
2 May 2001
|
First issue of the Quantax
Newsletter published.
|
|
24 April 2001
|
Welcome to the revamped
Quantax® Information site. It is now part of the COMIT Web
presence, and contains information on Quantax
Professional and Quantax
Investor.
|
| 12 Mar 2001 |
Quantax will be the
product name of COMIT's Risk Advice Services product line. The
current product RiskWeb is being renamed Quantax®
Professional, while the original Quantax product will be
called Quantax® Investor. Quantax Investor and Quantax
Professional will share the platform and most of the
functionality. |
| 26 Feb 2001 |
Quantax joins COMIT:
The Quantax Partners are glad to announce that agreement
has been reached with COMIT
to take over Quantax.
Effective 1 March 2001, Quantax will become a part of COMIT, and will be integrated into COMIT 's Risk Advice Services
(RAS)
business unit.
COMIT has successfully completed various mission critical projects in the area of market and credit risk. COMIT RAS will provide consultancy and solutions in the risk and portfolio management areas, including the
Quantax Services for the Active Investor. Quantax modules will also be
integrated into RiskWeb, COMIT's real time valuation and risk analysis
tool for sophisticated investors and small to medium scale trading operations.
Quantax is happy to join forces with COMIT with its
extensive resources and excellent track record with major
clients.
Pavel Vyskocil and Martin Gfeller will join
COMIT; Michel Haas
will pursue other interests.
Please contact us at the new mail address quantax@comit.ch
for
further information. |
