This extension of the standard ARA course provides specialized hands-on training in the use and application of the software’s portfolio optimization functionality.
The objectives and course content include:
The applications and “building blocks” of portfolio optimization
How to create and manage portfolio optimization problems in ARA
How to define and build objective functions
How to set and populate the universe of tradeable instruments
Setting limits and trading cost assumptions on individual securities
Global constraints applied at the whole portfolio and/or group level
Multi-Objective optimization, and the use of use of normalization and scaling.
The use of trade budgets and penalties in portfolio optimization
Please refer to Course Overview
This target audience is the ARA end-user, particularly risk managers/analysts, portfolio managers, traders, and other investment professionals.
You should have:
Prior training and/or experience in the standard ARA application is presumed.
Basic understanding of the concept and applications of portfolio optimization.
Training in portfolio optimization also requires the ARA optimization module, with corresponding CPLEX licensing
This one-day course is delivered through a number of mediums, including product demonstrations, instructor-led exercises and self-paced hands-on practice.
Overview of Optimization in ARA
Steps to Opimization in ARA
Creating an Optimization Problem in ARA
Trade List and Limits Table
Optimization Problem Processing and Results
Optimization Problem Management
Use of Trade Restrictions in Optimization
Prior to enrolling, IBM Employees must follow their Division/Department processes to obtain approval to attend this public training class. Failure to follow Division/Department approval processes may result in the IBM Employee being personally responsible for the class charges.
GBS practitioners that use the EViTA system for requesting external training should use that same process for this course. Go to the EViTA site to start this process: http://w3.ibm.com/services/gbs/evita/BCSVTEnrl.nsf
Once you enroll in a GTP class, you will receive a confirmation letter that should show:
The current GTP list price
The 20% discounted price available to IBMers. This is the price you will be invoiced for the class.