Andrew Kalotay And Jan Dash Join FinAnalytica's New Advisory Board

FinAnalytica Inc., the only provider of risk management and portfolio construction analytics based on modern fat tailed stable distribution methods and downside risk measures, has formed a new advisory board. Andrew Kalotay and Jan Dash are the initial members. The

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FinAnalytica Inc., the only provider of risk management and portfolio construction analytics based on modern fat-tailed stable distribution methods and downside risk measures, has formed a new advisory board. Andrew Kalotay and Jan Dash are the initial members. The advisory board will comprise leading experts from the financial services community relating to quantitative analytics and technology.

“This is an exciting time for FinAnalytica,” says Douglas Martin, CEO and Chairman of FinAnalytica. “The FinAnalytica Advisory Board will offer market specific expertise, guidance and outside perspective in shaping our product focus and long-term strategy.”

Dr. Andrew Kalotay, President of Andrew Kalotay Associates (AKA), is a leading authority on debt management and on corporate and municipal bonds. His innovations include the concept of refunding efficiency, a widely used tool for managing callable debt, and the Ratchet Bond, a surrogate for conventional callable bonds. Before founding AKA, Dr. Kalotay was with Salomon Brothers in the Bond Portfolio Analysis Group. He was inducted into the Fixed Income Analysts Society Hall of Fame in 1997. Dr. Kalotay holds a B.Sc. and M.Sc. from Queen’s University, Ph.D. from the University and was the first director of the Financial Engineering Program at Polytechnic University.

“Andrew Kalotay’s expertise in the fixed income arena brings valuable insight and guidance as we expand our Cognity platform to handle the complex nature of the debt markets,” says Stephen Elston, President of FinAnalytica.

Dr. Jan Dash, President of J. Dash Consultants, has done pioneering work in quantitative finance. He introduced Feynman/Wiener path integrals for options, innovated new risk management techniques including Stressed/Enhanced VAR, devised the theory of optimally-stressed correlation matrices, and coinvented the Macro-Micro yield-curve model. He was a Director at Citigroup/Salomon Smith Barney, Fuji Capital Markets Corp, and Eurobrokers, and VP Manager at Merrill Lynch. He is the author of the recently published book – Quantitative Finance and Risk Management, A Physicist’s Approach. His BS is from Caltech and his PhD is from UC Berkeley.

“Jan Dash joins the FinAnalytica Advisory Board with a strong history in advanced quantitative methods,” says Elston. “His years of practical experience as a risk manager will prove invaluable.”

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