TwoFour Systems, a leading provider of global financial transaction processing systems, today announced the addition of Variance-Covariance Value at Risk (VCV VaR) calculation support in its comprehensive, cross-product TwoFour trading platform.

TwoFour clients can now employ VCV VaR calculation methodologies to strengthen risk management practices for global portfolios. TwoFour seamlessly integrates with external sources of volatility and correlation data for calculating VCV VaR.

TwoFour enables users to define an unlimited number of risk buckets, while making use of industry standard data sets, and allows them to view any combination of time horizon and confidence level parameters as required. TwoFour's VCV VaR solution provides organizations with both the high-level summary and specific, detailed information views necessary for effective total risk management.

About TwoFour
TwoFour is a comprehensive global trading solution for front, middle and back office processing across an extensive set of financial asset classes. TwoFour is designed for real-time, high volume, workflow-based, straight through processing of transactions and is available 24-hours a day, seven days a week. It is designed to easily integrate with an organization's existing set of software systems and data tools, and is built using the latest, state-of-the-art technologies, including C# and Microsoft's .NET framework. TwoFour supports FX, money market, futures, exchange traded options and OTC options trading. Information about TwoFour Systems is available at www.TwoFour.com or contact Chris Davis at 914-220-8801 or Sales@TwoFour.com.