Merrill Lynch Investment Managers (MLIM) has licensed Risk Vision, the integrated risk management solution from MKIRisk.
Risk Vision is intended to improve MLIM’s control of the credit and counterparty risk in its portfolios of assets under management.
The contract, which was signed at the end of November 2000, includes RV Data, RV Limits and RV Carma, to support data consolidation, limits management, plus the monitoring and control of credit and counterparty risk respectively. Also included is Midas-Kapiti International’s (MKI) Meridian Middleware, to provide connectivity between Risk Vision and legacy databases at MLIM.
The solution will be installed at MLIM’s London offices, where it will support the organisation’s investment management business throughout the Europe, Middle East and Africa region.