Multi-asset
Equities, fixed income, FX, commodities and more.
Market Intelligence for a more certain tomorrow
See the
See the
bigger picture.
KORAX connects markets, events, portfolios and quantitative models in one platform, for clearer insights, better decisions and a more resilient future.
A unified perspective
From information
From information
to actionable intelligence.
KORAX integrates market data, fundamentals, events and portfolio context so you can understand not just what's moving, but why, what it could affect, and what it means for your book.
Event-driven
Real-time analysis of news, data and market events.
Quantitative depth
Scenarios, probabilities and risk analytics.
Portfolio intelligence
See the impact on your book before it happens.
Explainable insights
Transparent drivers, assumptions and model confidence.
The platform
All angles. One view.
KORAX combines real-time data, advanced analytics and intuitive workflows in a single, modular platform, built for professionals who need depth without complexity.
- Markets & Instruments
- Event Engine
- Monte Carlo & Scenario Analysis
- Risk Control Center
- Portfolio & Book Analytics
- Structured Products
- Customizable Workspace
Seamless across all devices.
A consistent, powerful experience on desktop, tablet and mobile.
How it works
From the headline
From the headline
into the portfolio.
A central bank surprises the market. Here is what KORAX does in the seconds that follow: it reads the release, works out what it touches, recalculates the odds and translates all of it into what the positions you actually hold are now worth. Every figure below is sample data.
-
The event arrives
The ECB cuts the deposit facility rate to 3.50 percent, 25 basis points below consensus. KORAX ingests the release, normalises it against the expected value and classifies it as an unexpected monetary policy decision.
Event EngineEVENT #4821ECB deposit facility rateMonetary policy · Euro area · Scheduled releaseConsensus3.75%Actual3.50%Surprise−25 bp -
Where it spreads next
The cross-asset layer works out where the event can propagate. These relationships are regime dependent and estimated from comparable states, not wired in as fixed correlations.
Cross-asset propagation5 OF 34 SHOWNBund 10Y−12 bpHighEUR/USD−0.62%HighEU banks−1.84%MediumUtilities+1.21%MediumIG credit spread−6 bpMediumDirections are modelled reactions for this market state, with a confidence level attached to each link. -
The distribution moves
The engine recomputes from the updated market state, first 100,000 paths to place the event quickly, then 500,000 to validate the result. What changes is not a single forecast but the whole shape of the distribution, including the tail.
Conditional Monte Carlo20D HORIZON · STAGE 1 AND 2Before the event After the eventP(portfolio down, 20d)18.4%→12.1%Median124.6M→127.9M5th percentile104.2M→109.4M -
What it means for the portfolio
The same move lands differently depending on what is held. KORAX reprices the scenario against the actual positions and breaks the result down by asset class, with a plain reason for each line. Professionals can hold several client portfolios side by side and see each one in this detail.
Scenario impactCLIENT A · BY ASSET CLASSAsset class Value Scenario P&L Why Equities €178,800 +€1,240 Utilities gain, banks fall Bonds €110,690 +€4,180 Long maturities gain most Structured products €80,890 +€2,010 Barriers move further away Funds and ETFs €42,190 +€360 Broad market slightly up Cash and money market €13,150 −€180 Yield drops immediately Client total €425,720 +€7,610 +1.79% of portfolio value Not every part moves the same way. The bonds do most of the work, the equity sleeve barely gains because falling bank shares cancel out rising utilities, and the cash position starts earning less straight away. -
An observation you can check later
What comes out is not an instruction but an observation with its drivers attached. It is stored as an immutable snapshot, so weeks later it is measurable whether the model was right.
What the product on the right actually doesThe certificate costs €238.50 today and pays at most €260.00 on 18 June 2027, which is 9.0% more. It pays that maximum as long as the Allianz share, at €292.40 right now, is still above €260 on that date. The share can fall by 11.1% and the maximum is still paid. Below €238.50 the position ends at a loss.
Why three validation stagesEvery observation runs through the same three stages before it is recorded. More paths narrow the sampling error, which is why confidence rises from stage to stage. They cannot remove model risk, so it stops well short of certainty. A 79% chance at confidence 93 out of 100 is a very different statement from the same 79% at confidence 40 out of 100.
Observation#4821 · SNAPSHOT STOREDDiscount certificate on AllianzDE000SW9K4T2 · Maturity 18 June 2027 · 21 months to goCertificate today€238.50Maximum payout€260.00Maximum return+9.0%Chance of that maximum payout 72.7%→79.2% before the rate decision, then after itReturn until June 202779.2%maximum payout+9.0%85.8%at least, even sideways+3.2%90.4%no loss±0.0%95.0%no worse than−8.3%Validation, all passed1Discovery100k86.1/1002Validation500k89.6/1003Production2.5m93.2/100Paths run and model confidence after each stage, 100 is the maximumSample data. An observation with its drivers and assumptions, recorded so it can be checked later. It is not investment advice and not a recommendation to buy or sell.
6.90s
from the release hitting the wire at 14:30:00 to an observation that has passed all three validation stages, 3.1 million simulated paths in total, every step timestamped and traceable afterwards.
Who KORAX is for
One platform.
One platform.
Five kinds of user.
The same analytical engine sits underneath all five. What changes is depth, permissions and workflow, never the quality of the analysis. Nobody gets a watered down model.
KORAX Trade
Private investors managing their own money.
Market intelligence, portfolio and risk in plain language, without a terminal to learn first.
KORAX Professional
Day traders, independent advisers, portfolio managers.
Several client portfolios side by side, model outputs, structured products and full scenario depth.
KORAX Executive
Single and multi family offices, wealth managers.
Consolidated exposure across every mandate, with analysis that holds up in a client meeting.
KORAX Enterprise
Banks, private banking and asset management divisions.
Organisation-wide books, entitlements, audit trails and model governance.
Analytics API
Teams that already have their own front end.
Event engine, simulations and risk analytics delivered straight into your systems.
Technology
From market state
From market state
to explainable output.
Every result can be traced back through the layers that produced it: the market as it stood at that moment, the classified event, the effects across asset classes, the simulation and the portfolio behind it. Snapshots make model quality measurable over time.
Point in time
No look-ahead bias. Analysis uses only what was known at the time.
Conditional simulation
Distributions that reflect the current state, not generic noise.
Cross-asset effects
Regime- and event-dependent relationships, not static correlation.
Tenant isolation
Strict user, account and book scoping across every request.
Outcome tracking
Snapshots record what the model said, and what actually happened.
Security and data protection
Built in Germany,
Built in Germany,
under German data law.
Portfolio data is among the most sensitive information a person or a firm holds. KORAX is built by a German company, hosted in the European Union and designed around the GDPR from the data model up, not patched on afterwards.
Hosted in the EU
Servers and data stay in data centres inside the European Union, under a processing agreement in line with Article 28 GDPR. No transfer to third countries.
Encrypted end to end
Encrypted in transit and at rest. Access credentials live in a dedicated secret store, never in plain text and never in a log file.
Strict separation
Every request is scoped to one user, one account and one portfolio. A connection identifier on its own never proves ownership, it has to be checked against the account.
Only what is needed
Data minimisation is a design rule. KORAX asks for what an analysis actually requires, keeps it only as long as it serves that purpose and deletes it afterwards.
Never sold, never traded
Your holdings are not sold, not used for advertising and not passed to third parties. They are not the product, the analytics are.
Traceable and revocable
Model versions, snapshots and account access are logged, so it can be reconstructed later who saw what. Connections can be revoked at any time, with the data removed.
Rights of access, correction, deletion and portability apply as set out in the privacy policy. For pilot participants, the specific processing arrangements are agreed in writing before any account is connected.
Built for what's next
Better information.
Better information.
Better decisions.
Join a select group of professionals in our pilot programme and help shape the future of market intelligence. Pilot access is provided free of charge for the full duration of the programme, with no obligation to continue afterwards.
Questions and answers
The things people ask first.
What does KORAX actually do?
KORAX watches the market, notices when something happens that matters for the positions you hold, and works out what that means for your portfolio. Every result comes with its drivers, its assumptions and a confidence value, so you can judge how much weight to put on it.
Is the pilot really free of charge?
Yes. Pilot access costs nothing for the full duration of the programme. There is no payment detail to enter, no trial that turns into a subscription and no obligation to continue afterwards. In return we ask for honest feedback on what works and what does not.
Do I need to be a professional to take part?
No. The same analytical core serves private investors who take their portfolio seriously, professional traders and advisers, family offices and institutions. What differs is the depth of the workspace, not the quality of the analysis behind it.
Is this investment advice?
No. KORAX is analytics and decision support software. It produces observations with their reasoning attached, never instructions to buy or sell. The decision stays with you, and with your adviser where you have one.
Do I have to connect my real portfolio?
Not to get started. You can enter positions manually or work with a sample portfolio first. Connecting an account gives you live valuation and scenario analysis on your actual holdings, and every connection can be revoked again, with the data removed.
Where does my data live?
In data centres inside the European Union, under German data protection law, encrypted in transit and at rest. Your holdings are never sold, never used for advertising and never passed on. The analytics are the product, your positions are not.
What does model confidence mean?
It is a value from 0 to 100 that says how firmly the model stands behind a result. It rises as more paths are simulated, because the sampling error shrinks. It never reaches 100, because model risk cannot be simulated away. A 79% chance at confidence 93 is a far stronger statement than the same 79% at confidence 40.
Which asset classes are covered?
Equities and ETFs, bonds, funds, money market positions and structured products such as discount, bonus and express certificates, with the payoff logic modelled rather than approximated. Foreign exchange and rates are included as market factors.
What happens when the pilot ends?
You decide. If KORAX has earned a place in your workflow, there will be a commercial offer, and pilot participants get preferential terms. If not, you walk away, and your data is deleted on request.
Can I reach the analytics from my own systems?
Yes. The analytical core is available through an API, so scenario analysis, valuation and risk figures can be pulled into your existing tooling, reporting or internal platform.
Something not answered here? Write to us with the pilot request and ask, we answer every message ourselves.