ClariFI, a US-based provider of software and services focused on quantitative equity portfolio management and research, said it has released ClariFIModelStation v3.4, featuring the new Portfolio Optimizer product.

The ClariFI Portfolio Optimizer is designed to help clients solve real-world portfolio optimization problems and is based on the latest academic research and optimization technology, the firm said.

"Having a high-performance and versatile optimizer that offers a unique combination of speed, accuracy, and consistency is a critical component of investing success in today's fast moving and competitive financial marketplace," said Gioel Molinari, ClariFI's founder and managing director.

Enhancements in ModelStation v3.4 include Automated Batch Workflows, which provides portfolio managers with the ability to run any workflow as a template over multiple portfolios, universes, and time periods. This allows for the rapid testing of investment ideas across a wide range of cross-sectional and time-series regimes, the firm added.