Omega

Calculate the omega reliability for bifactor models based on an unlimited number of variables. Displays the total time for each variable, total variance, the actual Omega and the unique variance. The results are available plain text for easy manipulation.

Start your day in Omega with a view built for action: connect your exchanges, pick the wallets and subaccounts you care about, and map assets to the risk factors you manage. In a few clicks you’ll unify spot, futures, and options into consistent risk pillars, so BTC delta from one venue lines up cleanly with ETH options vega from another. Use the setup wizard to link order-book and trade feeds from major venues, turn on the native Primus connector to pull Synoption option surfaces, and register any proprietary streams through the API. Define limits per strategy, desk, asset, or venue; set alert thresholds; choose your reporting cutoffs; and save the layout as a reusable workspace for the team.

During the day, monitor exposures in real time. Slice holdings by asset, expiry, venue, strategy, or book; drill from portfolio roll-ups down to a single leg. Run quick checks like delta-by-token, convexity by expiry, or funding and basis drift across listed venues. Launch scenario packs—market shocks, vol shifts, correlation breaks, liquidity haircuts—and compare outcomes side-by-side. Track PnL attribution, margin usage, and collateral efficiency; flag concentrations and limit breaches automatically. When markets move, Omega highlights where risk changed, which factors drove it, and what positions deserve a second look. Export any panel to CSV or push snapshots to Slack, email, or your data lake on a schedule.

When it’s time to act, test hedges before you place them. Add candidate trades to a sandbox, preview the effect on factor exposure, VaR-style loss bounds, stress outcomes, and margin. Stack multiple what-ifs—roll futures, buy puts, shift collateral—and select the mix that best meets your risk budget. Use Synoption curves via the Primus link for options pricing, or plug in your own vols via API. Commit the hedge, tag it to a strategy, and lock in pre- and post-trade risk for audit. Omega keeps a trail of every change, so compliance and LPs get a clear story: what you held, what changed, why you acted, and how the portfolio looked after.

For data and engineering teams, Omega is composable. Ingest your feeds through documented endpoints, normalize them to house identifiers, and publish custom factors (e.g., alt-beta, DeFi TVL sensitivity, liquidity scores). Stream updates via webhooks, or query time-series for backtests. Build team-specific dashboards for spot-only funds, options desks, or basis strategies using reusable components. Schedule daily packs that include exposures, stress tables, liquidity buffers, and commentary. With standardized risk pillars across venues, you can compare strategies apples-to-apples, automate routine checks, and free analysts to focus on decisions instead of wrangling data.