©1999 InterActa & Hittrade all rights reserved.

Information: e-mail

Contact person: univ.prof.dr.Viljem Rupnik

General commercial terms applied to software products

Information about SKOP^â products

SKOP 1.01

SKOP 1.02

SKOP 1.03

SKOP 1.04

SKOP 1.05

SKOP 2.01

SKOP 2.02

SKOP 2.03

SKOP 2.04

SKOP 2.06

VM 1.02

VM 1.03

VM2.02

X 1.01

Information about OPTIMIZING BUSINESS PROGRAM product

X-3.01: OBP

Y.1.01

Y 1.02

Y 1.03

Y.1.04

Provides a powerfull tool for evaluation of any number

Y 2.01

Y 2.02

Estimate the financial effects of economic fusion (merger) and take-overs.

Y 3.01

Information about OPTIMIZING PORTFOLIO POLICY products

Y 4.01

Y 4.02

Y 4.03

Y 4.04

Y 4.05

Y 4.06

Y 4.07

Y 4.08

Y 4.09

Y 4.10

• enable reinvestment policy
• growth and development policy

In short, SKOP features are as follows:

• it provides profit optimisation with respect to more financial instruments simultaneously;
• it takes into account all relevant aspects of operations, like technology, organisation, information system involved;
• EPS optimisation procedure is enabled through an arbitrary computing precision, which helps to meet the needs of financial analysis as well as top managers;
• its structure offers all the past as well present period diagnosis of firm's operations, which serves as a gauge of management quality;
• it is a toll of short- and long-run planning;
• by means of reinvestment coefficient simulation all subsequent yearly plans are coupled and thus it serves as a basis for optimal development programming;
• the overall optimal EPS effect could be sliced into its parts depending on separated technological, technical, organisational, micro-economic and macro-economic parameter spaces;
• an important property is that of furnishing formal as well informal modelling in both simulation and optimisation contexts;
• it includes a stock analysis;
• it computes the limits of firm's survival;
• indicates the ways of revitalisation of a firm;
• easy to use by anybody who is financial specialist and familiar with MS Excel tool.

In these examples, the decision variables represent different places, times or ways in which some amount of the resources can be used. The objective function is some measure of profits, costs, etc. which can be calculated based on the variable values. And the constraints describe various minimum requirements to be, policies (e.g. a certain minimum portfolio variance or risking) is desired.

It has been developed for PC application and based on MS Excel tool. The SKOP package size is 22MB. Since it is Excel based, we consider it as suitable Excel feature, world wide needed according to its role in financial management.

Inputs and outputs from above could be of any existing producer, whereas we have been developing our own products based on general systems theory, with strong emphasis on feedback loops and self-adaptive features.

SKOP has been developed in MathCad which needed a couple of hours to perform all array operations required. Instead, we transferred it into Excel in such a way that each arrays equation has been put in one cell which resulted in computing time reduction up to one second per one SKOP procedure; thus, SKOP is replacing 22 billions of operations.

which is a part of software family SSOP (System simulation and optimisation of a firm) aiming at the corresponding broader class of management problems.

InterActa & Hittrade is pleased to offer the brand-new SKOP for Microsoft Excel 2000, Excel 97. The SKOP is an upwardly compatible extension of the standard Microsoft Excel, with the capacity to solve much larger problems at speeds anywhere from three to 10,000 times faster than the standard programs. If you've run up against the size limits of the standard programs (array variables) or found it too slow, or you need more power and features, so use the SKOP today!

In short, SKOP features are as follows:

• it provides profit optimisation with respect to more financial instruments simultaneously;
• it takes into account all relevant aspects of operations, like technology, organisation, information system involved;
• EPS optimisation procedure is enabled through an arbitrary computing precision, which helps to meet the needs of financial analysis as well as top managers;
• its structure offers all the past as well present period diagnosis of firm's operations, which serves as a gauge of management quality;
• it is a toll of short- and long-run planning;
• by means of reinvestment coefficient simulation all subsequent yearly plans are coupled and thus it serves as a basis for optimal development programming;
• the overall optimal EPS effect could be sliced into its parts depending on separated technological, technical, organisational, micro-economic and macro-economic parameter spaces;
• an important property is that of furnishing formal as well informal modelling in both simulation and optimisation contexts;
• it includes a stock analysis;
• it computes the limits of firm's survival;
• indicates the ways of revitalisation of a firm;
• easy to use by anybody who is financial specialist and familiar with MS Excel tool.
• the optimal EPS is being constrained by repayment amounts induced by debts acquired
• an explicit average market return is being computed and used in volatility analyses
• according to capital allocation levels there five betas employed
• within the absence of probability distribution of returns a support to decision making procedures is given in terms of uncertainty measure
• we provide EPS optimisation procedure even in the case of negative equity
• an automated analysis of optimal financial policy is added for fast information retrieval
• risk-return propensity dilemma is resolved within the context of decision making procedures (in both, biased and unbiased cases)
• multidimensional evaluation of decisions versus their consequences is available and thus their internal as well as external ranking is enabled.

• program package SKOP 1.01 acts as simulation-based multi dimensional profit optimiser;
• program package SKOP 1.02 is a group of interfaces for large scale automated data transported from book-accounting system into SKOP 1.01;
• program package SKOP 1.03 is EPS optimiser under financial risk;
• program package SKOP 1.04 has a similar role, provided that risk of plan is included too;
• program package SKOP 2.01 provides the optimal stock exchange return on share and includes an intrinsic value of share as well as expected yield;
• program package SKOP 2.02 is an extension of SKOP 2.01 so as to include other sources of capital (apart from net profit).
• program package SKOP 2.03 refers to the case dealing with uncertainty as a supplementary

information to static (beta) and dynamic (variance) risk

• program package SKOP 2.04 is an extension of SKOP 2.01 so as to include other sources of capital (apart from net profit), provided that risk of plan is included too;

You'll be able to solve general financial problems with the many decision variables and constraints -- and the more common problems with limit on constraints. Just as important, larger problems which took days to solve with the standard procedure, SKOP will often run faster then you are expected. Speed gains are especially noticeable on stock problems.

The SKOP performs better on a variety of financial problems, since most of them are either soft- or hard-interdependent and defined on different domains. It is therefore scheduled to meet any level of decomposition of any part as well as the whole of the firm to be automatically optimised, whatever the constraints and real case business behaviour rules are imposed to profit maximisation problem.

The SKOP also includes a SKOP Report on Risk accompanied with each individual firm. The SKOP Report gives you summary information about the risk an variance of candidate solutions maintained by the arrays produced for each of the solution processes. This feature meets the demand of business environment, general being stochastic. It helps us to decide upon when a closely held firm may go public, or even when the stocks could be traded over the stock exchange counter. The notion of risk is essential ingredient of SKOP.

A comprehensive User Guide provides complete information on SKOP options and reports, the various messages which the SKOP can produce, how to diagnose the entire firm as “financial system”, and how to generate the SKOP visual reports.

It features a new Collapse-of-Firm Report, which shows you which financial/business conditions are fatal or dangerous for your future. It also summarises which variables occur rising profit and which occur lose profit. With this report, you can pinpoint and, if desired, eliminate non acceptable parameters and conditions in your profit maximisation procedure thereby gaining the extra firm's recovery speed and reliability available through SKOP arrays engine.

• program package SKOP 3.01 is devoted to multidimensional and multicriteria optimisation of business, following the lines of SKOP 1.01

information to static (beta) and dynamic (variance) risk

• program package SKOP 3.02 is a risk conditioned varsion of SKOP 3.01

It is important to bear in mind that

• For all products from the price list below a 40% reimbursment will be effected to the buyer of any of the software products who acquires two additional buyers of the same product. If he brings four additional buyers, he will receive one up-graded version from the price list sharge free or one of the portfolio optimization package (chosen on his own), both charge free.
• Additional discount of 10% will be given to the buyer who has already bought one copy of any software product from the list below.
• A user manual and initial training course (its length depending on the module purchased) are included in the price.
• Each of the product is being accompanied by call-advisory.
• Prices include installation and maintainance.
• Prior to purchase decision we offer free of charge consultancy.

InterActa & Hittrade SKOP 1.01 for Excel 2000 and Office 97

InterActa & Hittrade program package

SKOP 1.01 acts as simulation-based multi dimensional profit optimiser

Available in: Slovenia

SIT 160.882

+ 30.568 VAT

191.450SIT total

InterActa & Hittrade SKOP 1.02 for Excel 2000 and Office 97

InterActa & Hittrade program package

SKOP 1.02 is a group of interfaces VM1.02 for large scale automated data transported from book-accounting system into time modify SKOP 1.1

SIT 175.990

+ 33.438 VAT

209.428 SIT total

SKOP 1.02 implies the focus on a series of statistical series of financial statements of a particular firm in order to detect its physiology over time, preserving all the features of SKOP 1.01. Such an output serves as a basis for a variety of forecasts needed for firm's growth estimation.

InterActa & Hittrade SKOP 1.03 for Excel 2000 and Office 97

InterActa & Hittrade program package

SKOP 1.03 is EPS optimiser under financial risk

LIST PRICE:

SIT 217.350

+ 41.297 VAT

258.647 SIT total

SKOP 1.03 deals with a stochastic version of EPS optimisation problem. The increasing importance of risk management calls for computing the beta coefficient, systematic and unsystematic risk associated with an equity capital invested in particular firm.

InterActa & Hittrade SKOP 1.04 for Excel 2000 and Office 97

InterActa & Hittrade program package

SKOP 1.04 has a similar role as SKOP 1.03, provided that risk of plan is included too + include

LIST PRICE:

SIT 577.000

+109.630 VAT

686.630 SIT total

SKOP 1.04 controls the behaviour of parametric conditioned optimal EPS in relationship to time-development of business operations being depleted during the planning year. Within this context, the beta coefficient at its target value has been chosen to act as an over-all measure of business performance: it is a tool of on-line self-adaptive financial management.

InterActa & Hittrade SKOP 1.05 for Excel 2000 and Office 97

InterActa & Hittrade program package

SAPO 1.05: is an extension of SAPO 1.01 towards functional evaluation of most important classes of variable costs in dependance on sales volume. Interface is optionally included.

LIST PRICE:

SIT 168.000

+ 31.920 VAT

199.920 SIT total

InterActa & Hittrade SKOP 2.01 for Excel 2000 and Office 97

InterActa & Hittrade program package

SKOP 2.01 provides the optimal stock exchange return on share and includes an intrinsic value of share as well as expected yield

LIST PRICE:

SIT 297.500

+56.525 VAT

354.025 SIT total

SKOP 2.01 concerns the beta coefficients and corresponding total risk at three levels of capital investment allocations: a return from saving/loan level, a return from strategic investment and a return from stock-exchange-placement of capital. It retains all the features of SKOP 1.01 and gives an insight into what a dividend is allowed to be paid out and what the market price of a share is entitled to figure. The decision tables are added to the user in order to detect the pay-off of the transfer from one level to another.

InterActa & Hittrade SKOP 2.02 for Excel 2000 and Office 97

InterActa & Hittrade program package

SKOP 2.02 is an extension of SKOP 2.01 so as to include other sources of capital (apart from net profit).

LIST PRICE:

SIT 315.000

+59.850 VAT

374.850 SIT total

SKOP 2.02 renders all the information as SKOP 2.01 does, but, in addition, it helps to reveal all these answers in case of supplementary sources of capital being absorbed by a particular capital. Thus, it brings us a picture of effective growth-generating power of a firm in question.

InterActa & Hittrade SKOP 2.03 for Excel 2000 and Office 97

InterActa & Hittrade program package

• SKOP 2.03 refers to the case dealing with uncertainty as a supplementary information to static (beta) and dynamic (variance) risk

LIST PRICE:

SIT 348.232

+66.164 VAT

414.396 SIT total

SKOP 2.03. It there is no time series long enough at the user's disposal, a probability distribution of returns fails to be reliable; in such a case a mere traditional measures of risk are available (beta and variance of return). To increase the user's decision power and determinacy an uncertainty measure is computed for the optimal EPS derived from SKOP 2.02.

InterActa & Hittrade SKOP 2.04 for Excel 2000 and Office 97

InterActa & Hittrade program package

SKOP 2.04 is an extension of SKOP 2.01 so as to include other sources of capital (apart from net profit), provided that risk of plan is included too;

Available in: Slovenia

LIST PRICE:

SIT 399.000

+75.810 VAT

474.810 SIT total

SKOP 2.04 is an extension of SKOP 2.02 and SKOP 2.01 in the spirit of SKOP 1.04 since an efficient financial management in practice needs to be both stochastic and operationally self-adaptive.

InterActa & Hittrade SKOP 2.06 for Excel 2000 and Office 97

InterActa & Hittrade program package

SAPO 2.06: based on SAPO 2.01 it provides probability distributions of EPS for each particular firm. It uses past history of returns and allows an arbitrary non-predetermined type of probability distribution. Such an approach enables the management to estimate the probability of an EPS to lie inside a chosen interval; it includes the computation of probability of firm's bankcruptcy, provided the latter is being defined by EPS estimated as critical to the management.

Price:

LIST PRICE:

SIT 336.000

+63.840 VAT

399.840 SIT total

Interacta & Hittrade SKOP 3.01 for Excel 2000 and Office 79

Price:

LIST PRICE:

SIT 410.000

+77.900 VAT

487.900 SIT total

SKOP 3.01 is devoted to multidimensional and multicriteria optimisation of business, following the lines of SKOP 1.01

information to static (beta) and dynamic (variance) risk

Interacta & Hittrade SKOP 3.02 for Excel 2000 and Office 79

Price:

LIST PRICE:

SIT 436.000

+82.840 VAT

518.840 SIT total

SKOP 3.02 is a risk conditioned varsion of SKOP 3.01

VM interfaces have common rule to transport data from sources available in book-accounting system of one company or database collection of balance data for several hundred thousands of companies held by a bank or other financial management company. For a company the records of balance data are held for different years so that the common database can exceed easily a million of records.

VM interface program is written in Visual FoxPro 6.0 and connects actually 3 interfaces.

First interface transfers a database to a PC (where SKOP is running) using Client-Server application from source computer, if it is running under SQL Server or Oracle Server.

Otherwise a special program is used to transform ASCI data transported by a Server program to a connected PC.

If a Server is a PC, we can also use Client-Server application but in most cases it is better to export data into Visual FoxPro table which is then used inside SKOP application.

VFP table to which the balance data is transferred has, generally speaking, the following fields:

company code, year and balance value fields.

Another table is company registry which is composed by the fields like:

company code, company name, address, company size, activity.....

and varies very much from case to case.

Second interface is used to transfer year balance sheet data for one company at a time into SKOP.XLS Balance Sheet the balance is calculated. Then this balance is transferred to the Excel Balance Sheet.

In the case of database transported into VFP dbf with records on balances for many companies and several years VM interfaces program gives possibility to select companies and years for which the second interface is writing balance data in sequence one after another to the Balance Sheet where SKOP Excel calculations are made automatically and results written to the Risk sheet. This automatic way of using program is proceeding in order of years and then of companies. Each time the year changes program it transfers Macroeconomic data for this year into Macro sheet. These data are before inserted by an economic expert into special database called MAKROEP.DBF. An economic expert means a person qualified from the firm which bought the program.

The third interface takes the results from the Risk sheet and puts them into the fields of extended VFP table which contains balance data fields already. The number of extended fields varies from SKOP version. In the automatic procedure of data transfer from VFP table into Excel and back every time after the results have been red from the Risk sheet, the data from Balance sheet is cleaned and then the next balance data is put in. If we use potential option of SKOP model first the real part of results are transferred into VFP table, then potential results transferred into further fields of VFP table

There is an option to stop automatic or manual procedure by pressing F9 key. The program asks us, if we would like to finish really and continue later or go on looking the current results. It remembers the company and the year it was stopped.

From the variant menu we can choose automatic and manual option and also to select one or more companies for one or different years. Some time we just select the previous selection of companies and years.

When the results of the automatic procedure are collected into VFP table in the extended fields they can be observed together with other tables in a general part of the VM interfaces program so called MAIN WINDOW, where the data can be sorted and browsed according to the conditions composed before, which can be selected for every field in a table. Different tables can be looked upon and relations between tables can be created. Also the reports on databases can be prepared to see the results of the program in different ways.

MAIN WINDOW is part of a general database program called DIP which means Database structure Independent Program. Any number of tables can be opened and processed. Tables can be FoxPro or Visual FoxPro format. Also this program can be supplied together with VM interfaces program. DIP can be used to prepare data structures from other programs to be input for VM interfaces program.

VM 1.02 interface for large scale automated data transported of data from book-accounting system into SKOP 1.02.

SIT 261.000

+49.590 VAT

310.590SIT total

VM 1.03 interface for large scale automated data transported from book-accounting bases system into SKOP 1.03.

SIT 360.000

+68.400 VAT

428.400 SIT total

VM 2.02 interface for large scale automated data transported from book-accounting bases system into SKOP 2.02.

Available in: Slovenia

SIT 360.000

+68.400 VAT

428.400 SIT total

InterActa & Hittrade X-1.01 for Excel 2000 and Office 97

X-1.01 Risk adjusted VAT-price impact it evaluates the direct impact of VAT rates on final price of product as well as indirect impact of most important and relevant factors induced by VAT rates.

Available in: Slovenia

LIST PRICE:

SIT 57.500

+10.925 VAT

68.425 SIT total

InterActa & Hittrade X-3.01 for Excel 2000 and Office 97

X-3.01: OBP (Optimising Business Program) it is an optimizer of business program (either production or sales program) under arbitrary constraints in terms of market, production/selling capacity installed and technology. It applies MS Excel environement to where Solver package of Frontlinesystems has been automatically attached for modest sized problems.For larger scale problems ther are two packages needed: one from Frontlyne systems and another one amounts to taylor made interface from InterActa, heavyly dependent on info data bases used by the firm.

Available in: Slovenia

LIST PRICE: under special contract

It helps to optimise production/business program being explicitly dependent on technology, production capacities installed/efficient, market constraints and direct cost structures ruling the firm's operations. It is supported by MS Excel LP Solver, suitable for small and medium size firms; an extension to Premium Solver is available to meet the demand of large scale production/business program optimisation.

Hittrade X4.01 for Excel 2000 and Office 97

Hittrade program package

X-4.01: enables the user to evaluate know –how as well as licenses and patents included into business operations.

Available in: Slovenia

LIST PRICE:

SIT 90.000

+17.100 VAT

107.100 SIT total

The intensive production function in which labor productivity depends on capital intensivity – how much capital is available for use by each worker is the oposite way of tehnological change with the same results. The accumulation of knowledge to improve advance tehnology must come throught companie and workers. The R&D expand productivity with innovation process. Science or engeneering “hard” and “soft” innovations involve changing bussines system or reorganizing the workplace. Such innovations apper to have contributed heavily to productivity growth over the time. Substitute capital needs in the intensivity production function with R&D advance tehnology. Switching on R&D is a future of all companies.

Among modern industrial economies, tehnological change, rather then capital accumulation, has been the main source of increased productivity and living standard.

In a economy with the technological change, average labor productivity is growing directly, becouse of the contribution of technology as a factor of production; but it is also growing as a inderect consequence of the technological change, becouse faster output growth leads faster capital growth.

The actual process ot technological change involves the accomulation of knowlege and its use in the production of goods and services.

The accomulations of knowledge occur via increases in education and skill level of the work force, investment in R&D, and throught organizational learning about the best practices and techniques in production and management.

InterActa Y-1.01: GQM for Excel 2000 and Office 97

InterActa program package

Y-1.01: is an autodiagnostic toll for a firm's global quality measurement .

LIST PRICE: (interface not included)

SIT 95.600

+18.164 VAT

113.764 SIT total

Y-1.01 (tekst ostane isti, nato pa se doda) v novem odstavku:

Diagnostics could be afforded also at any of the fixed point of time, provided soime reference(s) are available, but arbitrary.Thus, any comparative analysis is available for a given firm.

InterActa Y-1.02: GQM for Excel 2000 and Office 97

InterActa program package

Y-1.02: enables the user to compare an arbitrary number of firms at given moment or fot the given time interval. It is based on Y-1.01. If the group of firms is small, the data could be put in the software package by hand; in the opposite case, a proper interface is needed. It is a toll for static branch as well as the whole economy global quality evaluation.

LIST PRICE: (interface not included)

SIT 213.750

+40.613 VAT

254.363 SIT total

InterActa Y-1.03: GQM for Excel 2000 and Office 97

InterActa program package

Y-1.03: has the same function as Y-1.02 but applied over a finite time horizon; a parametrised deflation procedure included. The management is enabled to study evolutionary growth of its firm in comparison with an arbitrary set of other firms (up to the whole branch or even national economy). Some appropriate interface is recommended.

LIST PRICE: (interface not included)

SIT 322.500

+61.275 VAT

383.775 SIT total

InterActa Y-1.04: for Excel 2000 and Office 97

InterActa program package

Y-1.04: Partner. Credit, leasing and pension fond calculating programs

Available in: Slovenia

LIST PRICE:

SIT 70.000

+13.300 VAT

83.300 SIT total

Y.1.04 are programs for calculating credits for enterprises and persons. With him, you can find the cheapest credit or leasing and the best offer for pension fond.

InterActa Y-2.01: SAPO RANGING for Excel 2000 and Office 97

InterActa program package

Y-2.01: provides a powerfull tool for evaluation of any number of SAPO-financial and SAPO-business conditions (as input parameters) and the corresponding SAPO–optimal solutions (as output variables and parameters). The underlying set of SAPO problems is arbitrarily simulated under realistic constraints management estimates. It means an optimal balancing between inputs and outputs (generalised cost-benefit analysis): for this reason the package can be interpreted as post-SAPO optimization tool.

Available in: Slovenia

LIST PRICE: (interface not included)

SIT 213.750

+40.613 VAT

254.363 SIT total

InterActa Y-2.02: DEVELOPMENT SAPO CONIC for Excel 2000 and Office 97

InterActa program package

Y-2.02: a natural step of any SAPO user or user of Y-2.01 is that of checking the time path of its firm. For each period of the time horizon chosen we produce a set of SAPO solutions and thus we find their upper and lower limit. The year-by-year coupling is enabled by simulated dividend policy. Using global quality algorythm we detect infimal amd supremal boundaries of dynamic paths of global quality for a given firm: depending on the financial reserves firm has succeeded to make over a series of periods, the master trajectory (a turnpike of growth) is determined to lie somewhere inside such a development cone.

Available in: Slovenia

LIST PRICE: (interface not included)

SIT 473.600

+89.984 VAT

563.584 SIT total

(interface not included)

InterActa Y-3.01 for Excel 2000 and Office 97

InterActa & Hittrade program package

Y-3.01:at least SAPO 1.01 is needed to estimate the financial effects of economic fusion (merger) and take-overs.

Available in: Slovenia

LIST PRICE: (interface not included)

SIT 427.000

+81.130 VAT

508.130 SIT total

InterActa & Hittrade Y-4.01: for Excel 2000 and Office 97

InterActa & Hittrade program package

Y-4.01: is 3-parameter valued portfolio ranger.

Available in: Slovenia

LIST PRICE:

SIT 96.600

+18.354 VAT

114954 SIT total

Y-4.01 helps to rank any number of given portfolio items, simultaneously with respect to three characterisitc portfolio parameters as return, beta and variance in descending order of 3-dimensional utility measures. As prerequsities, SKOP 1.03 and corresponding VM 1.03 are needed to produce individual investment utility measures as inputs to the Y-4.01.

Under special requirement towards utility measures assuring optimal stock value, an additional version of this package can be delivered.

InterActa & Hittrade Y-4.02: for Excel 2000 and Office 97

InterActa & Hittrade program package

Y-4.02: is traditional 1- or 2-criteria portfolio optimizer.

LIST PRICE: (interface not included)

total price of SKOP 1.03

+total price of VM 1.03

+total price of MS Solver (produced by Frontline Systems)

Y-4.02 helps to find optimal portfolio from any number of potential portfolio items, with or without constraints of capital shares, risk or/and return criteria, interdependent or independent investment projects, investor's preference of risk/return is possible to include. As prerequsities, SKOP 1.03 and corresponding VM 1.03 are needed to produce individual investment utility measures as inputs to the Y-4.01.

InterActa & Hittrade Y-4.03: for Excel 2000 and Office 97

InterActa & Hittrade program package

Y-4.03: is optimal balanced risk/return portfolio optimizer.

LIST PRICE: (interface not included)

SIT 67.600

+12.844 VAT

80.444 SIT total

Y-4.03 helps to find optimal portfolio under the optimal risk/return ratio (independent of the investor) As prerequsities, SKOP 1.03 and corresponding VM 1.03 are needed to produce individual investment utility measures as inputs to the Y-4.03.

Under special requirement towards utility measures assuring optimal stock value, an additional version of this package can be delivered.

InterActa & Hittrade Y-4.04: for Excel 2000 and Office 97

InterActa & Hittrade program package

Y-4.04: is 3-parameter 2-criteria portfolio optimizer.

LIST PRICE: (interface not included)

SIT 102.600

+19.494 VAT

122.094 SIT total

Y-4.04 helps to find optimal portfolio under the requirement that utility measures are expressed by pairs of risk and return (2-criteria optimization); in addition, search for optimal characteristics of each investment (variance,beta and risk / return ratio) is enabled. As prerequsities, SKOP 1.03 and corresponding VM 1.03 are needed to produce individual investment utility measures as inputs to the Y-4.04.

InterActa & Hittrade Y-4.05: for Excel 2000 and Office 97

InterActa & Hittrade program package

Y-4.05: it supports traditional portfolio optimization problem due to Markovitz and could be used in conjunction with Solver package, it brings portfolio with minimum dynamic risk, total portfolio return being constrained.

Available in: Slovenia

LIST PRICE: (for matrix generator only)

SIT 50.000

+9.500 VAT

59.500 SIT total

InterActa & Hittrade Y-4.06: for Excel 2000 and Office 97

InterActa & Hittrade program package

Y-4.06: differs from Y-4.05 by explicit constraints on individual capital shares being optimized.

LIST PRICE: (for matrix generator only)

SIT 50.000

+9.500 VAT

59.500 SIT total

InterActa & Hittrade Y-4.07: for Excel 2000 and Office 97

InterActa & Hittrade program package

Y-4.07: it supports portfolio optimization problem which is a combination of Y-4.04, Y-4.05 and Y-4.06, where the inclination factor between return and risk is to decided by the user.

LIST PRICE: (for matrix generator only)

SIT 50.000

+9.500 VAT

59.500 SIT total

InterActa & Hittrade Y-4.08: for Excel 2000 and Office 97

InterActa & Hittrade program package

Y-4.08: it amounts to the problem as described in Y-4.07 except that it optimizes the corresponding inclination ratio and, therefore it suits to the users who have not their own propensities determined in advance.

LIST PRICE: (for matrix generator only)

SIT 307.500

+58.425 VAT

365.925 SIT total

InterActa & Hittrade Y-4.09: for Excel 2000 and Office 97

InterActa & Hittrade program package

Y-4.09: a computer program for calculating non-optimized portfolio, its total return, beta and variance.

LIST PRICE: (for matrix generator only)

SIT 559.350

+106277 VAT

665.627 SIT total

InterActa & Hittrade Y-4.10 for Excel 2000 and Office 97

InterActa & Hittrade program package

Available in: Slovenia

LIST PRICE:

SIT 504.000

+ 95.760 VAT

599.760 SIT total

It deals with portfolio analysis under risk environment; its reduction/expansion based on SKOP results and being oriented to practical needs of managers.

There are different methods of portfolio analysis depending on info- and control-environment. Thus,

• the primary approach is that of cascade (or 1-dimensional) selective filtering of investments, since managers have different partial priority scales as to return, beta and variance;
• in case that manager's decisions can not stand with partial priority scaling, it is possible to apply the parallel (3-dimensional) selective filtering of investment opportunities; thus, it brings the no-subjectivism-balance between the propensities to return, beta and variance;
• the traditional approach is furnished within the framework of mathematical programming oriented portfolio analysis;
• widely spread model is available in its genuine version;
• for some business environments the two specialised sub-specimen of original model are also included;
• the risk-return balance has been brought into portfolio optimisation so as to optimise (in addition) this balance; for any deviation, caused by subjective choice, from optimal risk-return balance the corresponding optimal portfolio is computed and its distance from double-optimised portfolio is calculated in terms of risk, return and balance parameter.

The two groups of portfolio risk-optimisation therefore support both biased and unbiased cases of return-risk preference.

These prices are stand alone ones; network version is priced according to special customer requirement.Quantity discounts are also available up to 20%. In addition, an extra-discount of 3% is being offered to those customers which take part in presentation seminars. All prices and their terms are subject to an irrevocable 1-year option.