ALCHEMY ASSOCIATES LAUNCHES ALCHEMY RISK MANAGER PRODUCT LINE.
28th November 2004

Karachi, Pakistan - Alchemy Associates has launched a new technology solution aimed at financial risk management groups in domestic and regional banks. The Alchemy Risk Manager product allows senior, middle & functional executives to track and monitor volatility by highlighting, monitoring and reporting portfolio & balance sheet risk profiles on a daily basis. This application has been specifically developed specially for regional countries with illiquid secondary debt and equity markets facing sparse data problems, modeling issues and regulatory requirements. The solution conforms to both the State Bank of Pakistan and Basel II regulatory requirements with cutting edge enterprise risk management paradigms and sophisticated simulation, calculation, projection and stress testing capabilities.

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For detailed information about the product or to arrange a demonstration please contact:

Jawwad Farid/Mujtaba Iqbal
Alchemy Associates
103 - 104 Amber Estate
Main Shahrah-e-Faisal, Karachi 75350, Pakistan
Tel: +92 21 4535712
Fax: +92 21 4546291
Email: jawwad@alchemya.com, mujtaba@alchemya.com
Website: http://www.alchemya.com