The Centre for Development of Advanced Computing (C-DAC) announced the launch of BourseAnalyzer^®: A single software environment offering multiple analytical tools for capital markets here today.

BourseAnalyzer^® is essentially an Internet-based scalable platform offering a suite of analytical tools addressing a variety of problems in Financial Markets. Capital market analysis has always posed a challenge to financial analysts, regulators and investors the world over.

BourseAnalyzer^® with its advanced datamining technology will drive the state-of-the-art solution to effectively track, analyze, enable decision-making and monitor investment decisions in a fluid and volatile capital market, thereby ensuring optimum investment efficiency and improved risk management.

According to Shri. R.K. Arora, Executive Director, C-DAC, "Financial investment decisions today are as efficient as the technology that churns and analyzes data. BourseAnalyzer^® incorporates and integrates human-expert analysis with human-independent quantitative analysis of the markets. The combined techniques will provide market players a means of interpreting the risk / return scenarios of current market movement".

BourseAnalyzer^®, deploys various mathematical / statistical and Artificial Intelligence (AI) based models for performing Fundamental / Technical / Quantitative analysis on the voluminous historical data of issuers and their issued financial instruments. The analysis aims at unearthing hidden patterns and trends as well as measuring cross-industry, cross-company performance.

This approach allows the investor community to concentrate on strategic investment decisions with full confidence.

"To effectively manage investment decisions and strategies, the technology must enable proper monitoring, risk analysis, preemptive alerts and in depth insight into the capital market information," said Shri. R.K. Arora, Executive Director, C-DAC. "With BourseAnalyzer^®, investors can fulfill their critical technical requirement and thereby proactively take reliable investment decisions."

He added, "We are happy to build BourseAnalyzer^® as the next-generation investment technology and tool that will successfully address the customers' continually evolving requirements for more informed and analyzed investment strategies."

As an Internet enabled integrated solution, BourseAnalyzer^® addresses heterogeneous needs of various financial markets participants by providing a scalable, robust and centralized repository of relevant data.

C-DAC has developed a range of high-performance parallel computing products, popularly known as the PARAM series of supercomputers.
C-DAC's expertise extends to a number of related areas. The most notable amongst these include Indian Language support on computers using the Graphics and Intelligence-based Script Technology (GIST) products, and Human Resource generation in the key sectors of IT. Recognizing the need for generating skilled manpower resource in the IT sector, C-DAC has initiated a number of training courses covering contemporary topics in the field of IT through its Advanced Computing Training School (ACTS). The National Multimedia Resource Centre (NMRC) has been set up to provide multimedia solutions and training. C-DAC has undertaken a number of turnkey contracts including solutions based on GIS, Remote Sensing, Process Control Systems, Data warehousing, software packages in Telecom, Power, Financial and Health Care sectors, and Campus-wide Networking. Over the years,
C-DAC's applications development programme has been growing rapidly and now deals with a wide range of applications including specific mission critical tasks.

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