NEW YORK (Business Wire) -- Leading risk analytics provider Measurisk, LLC, an affiliate of J.P. Morgan Worldwide Securities Services, today announced that it has entered into an agreement to make its risk transparency information available to clients of Aksia, an independent hedge fund research and advisory firm headquartered in New York.
Measurisk models the full positions of over 1,000 hedge funds, making it the largest position-based hedge fund analytical platform in the industry.
Jim Vos, CEO of Aksia, said, “We are excited to now be able to offer position-based independent risk transparency to Aksia's clients. Measurisk's ability to price and model complex instruments including OTC derivatives, credit instruments and non-listed securities is the best in the industry. Its deep experience working through the on-boarding process with managers is unparalleled.”
Andrew Lapkin, president of Measurisk, said, “We are excited to be working with Aksia, one of the industry's premier institutional hedge fund consultants. Aksia recognizes the importance of risk information within the investment process, and their decision to use Measurisk is a testament to their focus on providing the highest level of solutions to their clients.”
About Aksia
Aksia is specialist hedge fund research and advisory firm with offices in New York, London and Tokyo. Aksia provides manager, strategy, and portfolio-level research and advisory services to a global clientele, including pensions, endowments, foundations and insurance companies. Aksia supports its clients' allocations to hedge funds with comprehensive manager research, industry coverage and bespoke advisory services.
About Measurisk LLC
Measurisk LLC, an affiliate of J.P. Morgan Worldwide Securities Services, is the leading provider of independent risk transparency and risk measurement solutions for institutional investors and asset managers. Measurisk empowers pension plans, endowments and foundations, family offices, insurance companies, hedge funds and funds of hedge funds to assess, control and communicate risk for global, multi-asset class portfolios. Measurisk service includes market and security data collection, management and storage of position level data that is received directly from custodians, prime brokers and administrators, and access to a team of analysts for support and analytics insight.
About J.P. Morgan Chase & Co.
J.P. Morgan Chase & Co. (NYSE: JPM), is a leading global financial services firm with assets of $2.0 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, J.P. Morgan 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 and Chase brands. Information about J.P. Morgan Chase & Co. is available at www.jpmorganchase.com.
© Business Wire
