Wall Street & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Risk Management

03:45 PM
Connect Directly

Riskdata Offers New Version of FOFix

For version 3.1 of the risk management service for hedge funds, Riskdata partnered with hedge fund database vendors.

Riskdata released version 3.1 of FOFiX, its flagship risk management service for hedge funds. The new version incorporates FOFiX Active, which allows users to directly import data feeds from hedge fund and mutual fund database vendors, according to Riskdata.

FOFiX covers all stages of the risk management process — including risk profiling, screening, monitoring, portfolio construction, risk testing and risk reporting — for fund of hedge funds and hedge fund investors. For this latest version of the solution, Riskdata partnered with hedge fund database vendors, including Hedge Fund Research, Eurekahedge, BarclayHedge and HedgeFund.net, to allow users to access the most-current information available in their databases.

"Our clients use external hedge fund databases for certain important functions, and this feature allows them to import this data very quickly," explained Ingmar Adlerberg, chairman of Riskdata, in a release. "This dramatically assists investors searching across thousands of hedge funds for new candidates that precisely match a specific risk profile."

www.riskdata.com 212-931-5794

Register for Wall Street & Technology Newsletters
Inside Abel Noser's Trading Floor
Inside Abel Noser's Trading Floor
Advanced Trading takes you on an exclusive tour of Abel Noser's New York trading floor, where the agency broker known for transaction cost analysis, is customizing algorithms for the buy side, while growing its fixed income trading and transitions business.