RiskMetrics Group is a financial services company. Prior to 2007, it was focused on serving the middle office with market risk and credit risk ASP solutions, but through recent acquisitions, it has dramatically expanded its product lineup.
History
In 1994, JP Morgan released the RiskMetrics Technical Document, detailing how to measure portfolio market risk. There was strong demand for the document, popularizing Concept:VaR, and JPMorgan developers wrote a reference implementation in Excel. JPMorgan provided a free dataset of volatilities and correlations. In 1987, JPMorgan released the CreditMetrics Technical Document. In September 1998, RiskMetrics Group was spun off by JPMorgan, with Reuters also buying a share of the company.
In January 2007, RiskMetrics Group acquired Institutional Shareholder Services (ISS), tripling the company's size, and expanding its product line into proxy services, corporate governance scoring, M&A advisory, and sustainability research. In July 2007, it acquired the Center for Financial Research & Analysis (CFRA), a forensic accounting and research firm.
On January 25, 2008, RiskMetrics Group had its IPO on the NYSE.
Products
| Risk
| ISS Governance Services
| Financial Research & Analysis Services
|
- RiskManager
- RiskMetrics Web Services
- DataMetrics
- CreditManager
- WealthBench
- Portfolio Pilot
|
- Proxy Advisory
- Taft-Hartly
- Social Advisory
- RREV Research
- Proxy Voting
- Vote Disclosure
- Voting Analytics
- Global Proxy Distribution
- Securities Class Action Services
|
- CFRA Accounting Lens
- CFRA Due Diligence
- M&A Edge
- CFRA Academy
- CFRA Legal Edge
- Sustainability Research
- Screening Solutions
- Corporate Governance Quotient (CGQ)
- Compensation Modeling
|
