PerTrac, a provider of analytics, reporting and communications software for investment professionals involved in pre-allocation and allocation decisions, has announced the launch of its analytics solutions, PerTrac Analytics 7.2 and PowerLink 1.2. The powerful, new releases handle all data frequency types including daily data for investment analysis, strategy comparison and fund benchmarking.

In response to investors’ increased need to balance risk and liquidity, the investment industry, including alternatives, has been moving to funds that provide daily NAVs. This requires high frequency analysis to access value and liquidity.

“Investors and funds need to be able to analyze daily and weekly data quickly and comprehensively,” said Brendan Dolan, Co-President of PerTrac. “Our new release handles daily data and provides investors with the tools to easily select and benchmark fund performance across universes such as Mutual Funds, ETFs, UCITS and more. Daily is now an imperative for the alternative industry and PerTrac is prepared for all data frequencies.”

The enhancements were first developed in response to the growing popularity of UCITS. Since the financial crisis, investors have flocked to UCITS, putting an estimated €6 trillion ($8.8 trillion) in mostly long-only equity UCITS funds.

PerTrac’s newest releases integrate daily data supplied by Morningstar and will integrate daily data from HFR, BarclayHedge and Lipper Tass in Q3. Investors are also able to integrate their own proprietary data into PerTrac solutions.