October 24, 2016
RiskGrid’s App Providing Lipper Fund Risk Analytics and Risk Rankings Now Available in App Studio via Thomson Reuters Eikon
Toronto and New York – RiskGrid Technologies, a new cloud-based risk management solution provider powered by industry-leading risk analytics from Algorithmics, announces the launch of RiskGrid Lipper as a fully integrated app available in App Studio on Thomson Reuters Eikon using fund data from Lipper.
RiskGrid provides forward-looking risk analytics and stress-tests on top of Lipper mutual funds and ETFs data based on peer-groups obtained from quarterly fund inflows and trading volumes.
Investors, wealth managers and asset managers can upload their portfolio holdings and compare risk rankings within these peer-groups based on Value-at-Risk or stress-tests on risk factors such as interest rates, equity indices or exchange rates, including scenarios published by the Federal Reserve.
“By bringing institutional quality risk analytics to the Lipper fund database with a cost-effective solution, we are enabling investors to align their risk preferences and views on future scenarios to help foster optimal fund selection,” said Robert Jenkins, global head of Lipper Research, Thomson Reuters.
“RiskGrid is the first fund ranking solution based on forward-looking risk analytics that leverages the scalable computational resources of the cloud and advanced holdings-based risk analytics from Algorithmics” said Raj Verma, Founder and CEO of RiskGrid Technologies. “We’re very pleased to work with Thomson Reuters Open Eikon platform to deliver this solution fully integrated with Thomson Reuters’ Lipper database”.
RiskGrid Lipper is available now in Eikon App Studio. Eikon users can sign up for a 7-day free trial.
Thomson Reuters Eikon is a powerful and intuitive next-generation solution for consuming pricing, reference and historical data and connecting with the financial markets community. Its award-winning news, analytics and data visualization tools help its users make more efficient trading and investment decisions across asset classes and instruments including commodities, derivatives, equities, fixed income and foreign exchange. Thomson Reuters Eikon is a leading desktop and mobile solution that is open, connected, informed and intelligent, and provides access to a messaging community of over 270,000 financial professionals.
About RiskGrid Technologies
RiskGrid is a cloud-based risk management solution provider powered by industry-leading risk analytics from Algorithmics integrated with reference data and pricing data from leading data vendors including Thomson Reuters Lipper. RiskGrid leverages scalable simulation environments in the cloud and advance pricing analytics and scenario models to deliver forward-looking stress tests and value-at-risk measures of funds and portfolios across all major asset classes and risk factors. RiskGrid reports include relative risk measures and performance attribution to major benchmarks and risk rankings on peer-groups.
Thomson Reuters is the world’s leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.com.