Riskdata unveils new hedge fund risk tool

RISK & PERFORMANCE MEASUREMENT | ALTIX FOR RISK PROFILE AGGREGATION

LONDON -- Riskdata, the Paris-based risk technology vendor serving the global hedge fund and fund of funds communities, has launched Altix, a tool developed to support the aggregation of hedge funds’ risk profiles. The front-end application, launched in Q2 this year, sits on top of the vendor’s Riskdata platform and according to Ingmar Alderberg, chairman of Riskdata, already has 10 European and UK-based hedge fund users. The firm is also developing another currently unnamed application

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