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Riskdata appoints Marc Gross as new UK Regional Director

March 23, 2005

Leading risk management provider for hedge funds and funds of funds Riskdata today announced the appointment of Marc Gross as its new UK Regional Director. Mr Gross joins Riskdata after ten years at Thomson Financial- Vestek/Quantec, where he was Director of European Business and Product Development and established Vestek's first international Sales and Support office.

Leading risk management provider for hedge funds and funds of funds Riskdata today announced the appointment of Marc Gross as its new UK Regional Director. Mr Gross joins Riskdata after ten years at Thomson Financial- Vestek/Quantec, where he was Director of European Business and Product Development and established Vestek's first international Sales and Support office.

Olivier Le Marois, CEO of Riskdata, commented: "We are very pleased to welcome Marc Gross to head our UK team. Marc will allow us to exploit fully the strong demand we continue to see in the UK for our risk management solutions for the alternative investment market. Our continued success in the UK market reflects the demand for greater transparency from institutional investors, whose influence in the industry continues to be central to the growth and success of the hedge fund industry in this country."

 

About Riskdata

Riskdata’s team includes investment practitioners, risk management experts and I.T specialists. Its aim is to offer money managers easy, interactive and intuitive access to effective risk analysis. It is supported by leading figures, such as Professor Robert Mundell, a past winner of the Nobel Prize for Economics. Economics.

RiRiskdata is the first service offering a daily view on all market classes: equities, fixed-income, listed and OTC derivatives. As an interactive system, rather than classic ASP model, there is no exporting of clients’ positions while deployment is quick and simple.

Riskdata offers a comprehensive suite of solutions for Asset Managers, adapted to all investment styles: FOFiX for Fund of Funds, HEDGIX for Hedge funds, along with dedicated products for benchmarked funds.

For further information:

Press:
Fishburn Hedges
Andrew Marshall
Florencia Panizza
Tel: +44 20 7839 4321
andrew.marshall@fishburn-hedges.co.uk
florencia.panizza@fishburn-hedges.co.uk

Riskdata
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Tel: 020 7659 0433
info@riskdata.com


The challenge for us was to get an aggregated view of the fund risk profile while tracking the specific risk of each underlying strategy. We think Riskdata is able to address both of these issues simultaneously. Moreover, we can monitor the impact of any portfolio allocation on the fund risk profile.

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CDC IXIS Multi-Strategy Fund
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