NEW YORK, March 21, 2017 /PRNewswire/ -- MIK Fund Solutions, a leading hedge fund application provider, and PortfolioScience, a leading provider of on-demand risk analysis systems for hedge funds, today announced the release of ReportLab for PortfolioScience's RiskAPI® platform. MIK's ReportLab is a fully dynamic, robust visualization and reporting application that allows users to instantly generate views and visualizations driven by complex portfolio analytical data.

ReportLab for RiskAPI was co-produced by both firms and allows users to dynamically create and display content-rich views of portfolio risk across several different sorting and classification hierarchies. The visualization platform is fully integrated with the RiskAPI Enterprise service, enabling users to build customizable and on-the-fly risk dashboards, ad-hoc views, and stored daily reports.

Said Fadi Kaddoura, Chief Executive Officer of MIK "Report Lab combined with RiskAPI enables firms to report on and visualize this risk data. In addition, having current and historical risk alongside PnL and Performance time series provides a very powerful tool for firms that require sophisticated analysis on their portfolios."

"With this joint solution, funds can access a very robust risk reporting and visualization platform that is essentially off-the-shelf, while still enjoying a large amount of flexibility and customization," said Ittai Korin, founder and CEO of PortfolioScience.

About MIK Fund Solutions

MIK Fund Solutions, founded in 2006, provides hedge fund managers worldwide with a suite of software applications designed to meet the requirements of front, middle and back office reporting. Solutions include data warehousing, real-time profit and loss/attribution, compliance, security master, price management, commission tracking and broker relationship management.

For more information, visit: www.mikfs.com

About PortfolioScience

PortfolioScience specializes in risk management technology for financial institutions, investment services, financial advisors and hedge funds. The company's products allow fund managers, traders and investors alike to access powerful risk analytics capabilities on demand. The company was founded in 2000 and serves the clients spanning across brokerage, fund administrator, hedge fund and mutual fund industries.

For more information, visit: www.portfolioscience.com

Media Contact: Jessica Kim, 151318@email4pr.com, 212-260-9694

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SOURCE PortfolioScience

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