Vimco Selects Riskdata’s FOFiX for Risk Management


Verizon Investment Management Corp (Vimco), an advisory subsidiary owned by Verizon Communications, has implemented technology vendor Riskdata's FOFiX risk management system.

Vimco manages Verizon employee benefit trusts with approximately $49 billion in assets under management, and has chosen FOFiX to manage the market risk of its absolute return strategies.

"Vimco sent us a number of cases and asked us to model the risk. They were quite interested in the way we simulate their managers'

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