Measurisk Joins JPMorgan’s Alternative Investment Services

Risk analytics provider Measurisk is now part of JPMorgan's' Alternative Investment Services offering. Measurisk will provide institutional investors and asset managers with risk transparency and risk measurement solutions, including value-at-risk, stress testing and position-based analytics, for multi-manager, multi-asset class, global portfolios, according to JPMorgan.

Measurisk, previously affiliated with Bear Stearns, will operate as an affiliate of JPMorgan Investor Services and will continue to maintain client and manager data confidentiality. Measurisk's independent, third party solutions address the risk analytics and reporting needs of fund of funds, pension plans, endowments, foundations and other institutional investors. More then 1,000 hedge funds, representing over $650 billion in assets, provide data each month to Measurisk making it the leader in hedge fund risk solutions, according to JPMorgan.

"The addition of Measurisk complements the already strong portfolio of fund administration and back office services that JPMorgan provides to hedge funds, fund of hedge funds and private equity funds globally," said Robert Caporale Managing Director of JPMorgan's Alternative Investment Services, in a press release. "For investors to be successful in today's marketplace they must have a comprehensive understanding of their risks." Andrew Lapkin, President of Measurisk, added in a statement, "By leveraging the resources and analytics capability of JPMorgan we will be able to expand our product and our reach in the global marketplace." as its highest priority. For more information go to www.measurisk.com. Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio