NEW YORK, April 10, 2013 /PRNewswire/ -- MIK Fund solutions, a leading provider of data aggregation and reporting software for asset managers and PortfolioScience, a provider of on-demand risk management systems for hedge funds and hedge fund service providers, today announced the integration of PortfolioScience's RiskAPI platform into the MIK Data Warehouse solution. The completed integration enables hedge funds that utilize MIK's data warehouse to access a full suite of multi-asset risk analysis capabilities, seamlessly embedded within a fully flexible, multi-feature data warehouse. The collaboration with PortfolioScience allows clients of MIK to generate highly customizable and fully integrated suite of risk calculations such as: multi-model Value-at-Risk ("VaR"), multi-dimensional stress testing, exposure analysis, and option analytics. All calculations are available across funds, portfolios, sub-portfolios, and individual positions. Said Fadi Kaddoura, MIK's founder and President: "Our value to funds is tying the data resident in the firm to the investment thesis. Risk measures and analysis forms a critical component to daily operations and overall portfolio management. Through our collaboration with PortfolioScience fund managers have yet another critical tool available to them for a comprehensive view of their situation – with a corresponding ability to make better decisions." Said Ittai Korin, President of PortfolioScience: "Clients seek information to garner performance. Combining our risk analytics with MIK's intuitive approach, based on a robust data set, helps funds in the performance equation. The combination of dynamic risk analysis with MIK's platform and data architecture is a huge plus for hedge funds looking for a fully comprehensive view of risk." About MIK Fund Solutions MIK Fund Solutions, founded in 2006, provides hedge fund managers worldwide with a suite of software applications designed to meet the requirements of front, middle and back office reporting. Solutions include data warehousing, real-time profit and loss/attribution, compliance, security master, price management, commission tracking and broker voting.