JPMorgan’s Investor Services announces that risk analytics provider, Measurisk, LLC, has become an integral part of its alternative investment services.
Measurisk, which was previously affiliated with The Bear Stearns Companies, Inc., as Bear Measurisk, LLC, provides institutional investors and asset managers with risk transparency and risk measurement applications, including value-at-risk, stress testing and position-based analytics, for multi-manager, multi-asset class, global portfolios. Measurisk’s independent, third party application address the risk analytics and reporting needs of fund of funds, pension plans, endowments, foundations and other institutional investors.
“The addition of Measurisk complements the already strong portfolio of fund administration and back office services that JPMorgan provides to hedge funds, fund of hedge funds and private equity funds globally,” says Robert Caporale managing director of JPMorgan’s Alternative Investment Services. “For investors to be successful in today’s marketplace they must have a comprehensive understanding of their risks. The addition of Measurisk demonstrates JPMorgan’s commitment to providing our clients with world class products and services.”
“We are thrilled to be a part of the JPMorgan global franchise,” says Andrew Lapkin, зresident of Measurisk. “By leveraging the resources and analytics capability of JPMorgan we will be able to expand our product and our reach in the global marketplace. JPMorgan is a leading, global provider of alternative investment, operation and fund administration solutions and thus represents a perfect home for Measurisk. We look forward to incorporating our risk solutions into JPMorgan’s broad array of client solutions.”
Measurisk will operate as an affiliate of JPMorgan and will continue to maintain client and manager data confidentiality as its highest priority.