Get Our Weekly Email Newsletter
I.T. Skills In Your China Business!IPS works with institutions and corporate clients to deliver computer skills training and ICT solutions, as well as internal assessments and benchmarking. More Info Here...
Distribute Press Releases To Chinese Media!Getting your company's message to journalists is important in China and ChinaNewswire.com can assist you in English-language releases and Xinwengao.com can provide Chinese-language distribution services. Corporate press releases are the most cost-effective way for you to connect with your customers and stakeholders in China!
• Mobile Money Transfer World Conference 2009 @ New Delhi - 2009/07/28
• APNIC 28 @ Beijing - 2009/08/24
• Social Networking World Forum Asia @ Singapore - 2009/09/22
• Optical Transmission Vision APAC @ Singapore - 2009/10/19
Let us work with you in China to manage your email marketing campaigns, loyalty marketing programs, email newsletters, and digital marketing efforts while we improve your email deliverability in China. Our software and staff can help your company stay #1! Visit XZList.com
SSF Will Deploy S-PLUS As Reporting Platform For Risk Management
February 27, 2007 |
Print
| 
Email
| Category: Software
China's National Council for Social Security Fund says it will now be using Insightful's (IFUL) S-PLUS as its primary analytics platform for building the SSF's internal metric system for risk management and investment performance.
"Given our mandate for building an internal metric system for risk management and investment performance, we needed a strong analytics platform that will help us to quickly build and test predictive quantitative models," said Su Yuansheng, project leader of Information Research Division of SSF. "We chose S-PLUS over competitors including SAS and SPSS because of the economic value it provides with its flexible and rapid prototyping and its proven capabilities in modeling and analyzing financial market data."
SSF, established to manage and operate more than US$25 billion in assets of the National Social Security Fund, will use the Insightful platform's advanced quantitative and scientific approaches to build predictive models in order to accurately predict risk and thereby minimize economic surprises. By developing an S-PLUS-based investment performance system, the fund's goals are to improve returns and manage risks more effectively.
In addition to S-PLUS, SSF will also be deploying Insightful's S+FinMetrics and S+NuOPT. S+FinMetrics is a specialized software solution for modeling, analyzing, and visualizing financial market data. The software offers a modern, and flexible analytic environment for reliable and robust, predictive econometric modeling. S+NuOPT combines powerful statistics and graphics with large-scale optimization problem solving. It is specifically designed to optimize large portfolios of assets and liabilities.
"We are very pleased to have the S-PLUS product family selected by the National Council for Social Security Fund after such a thorough and rigorous evaluation process," said Jeff Coombs, president and chief executive officer of Insightful. "Being selected by the SSF is not only highly prestigious for Insightful, but an important step in our strategy to build Insightful's presence in China."
Recommend this page: 
Loading ...Join our China Tech Forum to discuss many more topics!
Leave A Comment:
-
Business
-
Commentary
- Focusing On The Bigger Picture With China's Green Dam Security Software
- Chinese Mobile Phones Lacking IMEI Numbers Face Death In India
- What Is China's Internet Marketing Outlook For 2009?
- China's Baidu.com: Drugged And Screaming For Better Management
- Benchmarks For Corporate Computer Efficiency In China
-
Computing
- Green Computers Donated To Chinese Schools
- MIIT: Installation Of Green Dam Can Be Delayed For Unprepared Manufacturers
- China Plans To Pre-install Software For Preventing Viewing Of Pornographic Websites
- Hasee To Set Up R&D Center In Taiwan
- Into Africa: China Great Wall Computer Arranges JV In Algeria
-
Gadgets & Electronics
-
Internet
-
Law & Policy
- MIIT: Installation Of Green Dam Can Be Delayed For Unprepared Manufacturers
- Campaign Launched Against Chinese Internet "Cultural Irregularities"
- China Implements Stricter Management Of Virtual Currency
- "Sex" Will Be Taboo On Chinese Internet From July 1
- Sogou Sues Tencent Over Unfair Competition In China
Copyright 1999-2009 ChinaTechNews.com. All Rights Reserved.
If you would like to syndicate these articles and posts, please utilize the RSS feed for this online publication, which provides a brief summary of each post with a link back to the original article. Posting of any other part of the articles or posts on this website, in whole or in part, is expressly prohibited without express written permission from BDL Media. No part of this website may be copied, transferred, posted, or published without the express written permission of ChinaTechNews.com or its registered agents. Content on this website, including articles, opinions, and data are protected under international copyright laws. Failure to comply with these rules will result in legal action. 