Thursday, September 25, 2008

Insightful Corporation Releases S+FinMetrics 3.0

New release of econometrics library provides market leading time-series modeling, asset valuation, and financial analytics

SEATTLE - September 26, 2007 -

Insightful Corporation (NASDAQ: IFUL), a leading provider of predictive analytics and reporting solutions, announced today the immediate availability of S+FinMetrics® 3.0 for S-PLUS® 8.0, the latest release of Insightful’s software library for advanced financial data analysis.

S+FinMetrics 3.0 provides quantitative analysts and developers with a comprehensive set of financial analytics. Included in the library are vital additions and enhanced features including:

* State-space models and Kalman filter tools
* High frequency functionality
* Option pricing
* Fixed Income calculations

“S+FinMetrics 3.0 is a significant expansion in functionality over the previous version,” said Dr. Eric Zivot, Professor and Gary Waterman Distinguished Scholar in the Economics Department and an Adjunct Professor of Finance in the Business School at the University of Washington. “The specific state space modeling tools for credit risk and option pricing and fixed income pricing functions have greatly enhanced the module, making it a better and more comprehensive collection than ever before.”

CUSTOMER BENEFITS

S+FinMetrics 3.0 combined with S-PLUS 8.0 provides a modeling environment that allows quantitative analysts to explore scenarios and determine results faster. Graphical reporting enables results to be communicated clearly across all audience types. Faster results and clearer communications can assist companies in developing better financial products and responding to changes in the marketplace quickly, in order to maximize profit while minimizing risk.

“The release of S+FinMetrics 3.0 is a breakthrough in providing scalable commercial deployment for the latest and most advanced econometric models,” said Jeff Coombs, president and CEO of Insightful. “We are committed to bringing our customers competitive advantage in the financial markets through the deployment of advanced analytics across the enterprise.”

Statistical analysis software

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