RINA Systems Donates $600,000 in Financial
Services Software to Baruch College's Wasserman Trading Floor

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(New York, NY, Sept. 20, 2004)—RINA Systems, a premier financial services technology firm, will provide Baruch College’s Bert W. and Sandra Wasserman Trading Floor with 60 licenses of RINA’s PortfolioStream Software, a gift valued at $600,000.

The Wasserman Trading Floor at Baruch is a fully-equipped state-of-the-art academic trading floor where students learn first hand, using the same technology, work station set-ups and analytic tools used on Wall Street by the major financial firms. It is located in the Subotnick Financial Services Center at Baruch, a teaching center for students in finance, computer information systems, economics and other business disciplines.

Students at Baruch’s Wasserman Trading Floor will use the RINA PortfolioStream Software to perform advanced analytical modeling of portfolios that span multiple asset classes. The software’s powerful optimization features will allow them to gain insight into multiple trading strategies.

“It is only fitting that the largest and most advanced academic trading floor in the US provides its students with the most advanced, professional grade software tools used in the industry,” said Richard Holowczak, associate professor in Baruch’s department of computer information systems and director of the Wasserman Trading Floor / Subotnick Financial Services Center. “The RINA Systems software, combined with the state of the art facilities at the Wasserman Trading Floor, provides Baruch students with an unprecedented educational opportunity available nowhere else in the New York City area.”

“RINA Systems is excited to make available to students at Baruch College PortfolioStream, our best-of-breed analytics, which enables users to test baskets of securities with TradeStation and conduct portfolio simulations. We believe this donation will further augment the Baruch College’s state-of-the-art academic trading floor,” said James Goldcamp, Manager, RINA System’s Portfolio Analysis Group.

Baruch College, a senior college in the CUNY system, is home to the Zicklin School of Business, the largest accredited business school in the United States, with an undergraduate business program ranked nationally in the US News & World Report’s top 50, and a part-time MBA program in the top 20. Baruch was also ranked the most diverse college in America for the fifth straight year by US News in its most recent edition of America’s Best Colleges.”

RINA Systems is a premier technology firm located in Cincinnati, Ohio that provides businesses with financial systems and software solutions. Founded in 1994, the company is widely recognized for its expertise in providing high-quality products, timely delivery, and comprehensive support. RINA Systems’ primary financial software products include HedgeFacts portfolio analytics software such as PortfolioStram, Performance Suite 7 and Portfolio Evaluator 7. It also created and Manages TradeStationZone.com, a web site for active traders.


Zane Berzins
News Manager