DekaBank, a leading German financial institution, is using a proprietary asset management solution created with the OpenViz data visualization system from Advanced Visual Systems to track the performance consistency of over 16,000 different mutual funds. The analytic application integrates highly advanced concepts in time-based asset analysis with innovative 2D and 3D data visualization techniques to improve the detection of risk and other performance factors that might be easily overlooked using common charting techniques.
DekaBank's approach to fund analysis is unique in that it visualizes fund rankings over time-based subintervals as opposed to fixed timeframes, as is a common industry practice. By integrating variance, covariance, correlation and historical financial market data into the analysis processes, subtle performance fluctuations become apparent. The result is a visual classification of mutual funds by specific performance criteria and a clear understanding of their relationship to global market characteristics.
DekaBank's fund performance system was developed to meet extremely specific requirements of internal analysts and provides five unique views of selected mutual funds, each with the ability to be independently manipulated using OpenViz interactive scroll bars, sliders and mouse-drag filters.
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