J.P. Morgan Gives Reuters Day-To-Day Management, Upgrades For Riskmetrics

MARKET DATA & NEWS

Reuters will take over the day-to-day management of J.P. Morgan's Riskmetrics risk data service, as part of an agreement announced last week by the information vendor and the investment bank. Reuters plans to make an enhanced Riskmetrics dataset a part of its Project Armstrong relational database product. J.P. Morgan and Reuters plan to develop Riskmetrics into a more sophisticated value-at-risk (VAR) analysis service. Users of the new Riskmetrics will be charged a fee; the current version

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