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SMALL BUSINESS
Risk Analytics Provider Measurisk Crosses 1,000 Hedge Fund Milestone
Business Wire
Leading risk analytics provider Measurisk, LLC, an affiliate of J.P.
Morgan Worldwide Securities Services (WSS), today announced that it has
crossed an important industry milestone in modeling the full positions
of over 1,000 hedge funds – making it the largest position-based hedge
fund analytical platform in the industry.
Measurisk acts as an independent intermediary facilitating the flow of
risk information between hedge funds and investors. Measurisk receives
the full positions from the hedge funds, but only provides summary risk
and exposure statistics to investors. In this way, investors receive the
risk transparency they need, while hedge fund managers maintain the
confidentiality of their individual positions.
Measurisk also announced that the platform now includes managers that
collectively make up more than 50% of the total $1.3 trillion* hedge
fund industry assets.
“We are excited that the industry has chosen Measurisk as the preferred
outlet to bridge the needs of both the investor and the manager" said
Andrew Lapkin, President of Measurisk. "In today’s markets, transparency
and risk management are paramount. Position-based risk information
provides investors with a higher level of information necessary to make
the best investment decisions - especially when having to navigate these
difficult market environments.”
Measurisk's independent, third party risk solutions are designed to
address the needs of pension plans, endowments and foundations, family
offices, insurance companies, hedge funds and funds of hedge funds.
Measurisk compliments the full breadth of J.P. Morgan WSS services
including: fund administration; custody; performance analytics and
securities lending. For more information, visit
www.measurisk.com.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM), is a leading global financial services
firm with assets of $2.1 trillion and operations in more than 60
countries. The firm is a leader in investment banking, financial
services for consumers, small business and commercial banking, financial
transaction processing, asset management, and private equity. A
component of the Dow Jones Industrial Average, JPMorgan Chase & Co.
serves millions of consumers in the United States and many of the
world’s most prominent corporate, institutional and government clients
under its J.P. Morgan, Chase, and Washington Mutual brands. Information
about JPMorgan Chase & Co. is available at
www.jpmorganchase.com.
About J.P. Morgan Worldwide Securities Services
J.P. Morgan Worldwide Securities Services (WSS) is a premier securities
servicing provider that helps institutional investors, alternative asset
managers, broker dealers and equity issuers
optimize efficiency,
mitigate risk and enhance revenue. A division of JPMorgan Chase Bank,
N.A. (NYSE: JPM), WSS leverages the firm’s unparalleled scale, leading
technology and deep industry expertise to service investments around the
world. It has $13.5 trillion in assets under custody and $3.7 trillion
in assets under administration. For more information, go to
www.jpmorgan.com/visit/wss
.
Copyright Business Wire 2009
2009-06-29 09:15:00
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