Merrill Lynch Investment Managers (MLIM) has chosen the Barra TotalRisk System for enterprise risk management.
Barra is a risk management systems and solutions provider based in California.
Brian Fullerton, head of global risk management, MLIM, says: "We were looking for a risk management system that would give us a consistent view across locations and products. TotalRisk's flexible architecture offers scalability and seamless integration with our existing systems."
MLIM says it chose the Barra system for its analytics and models. Its asset coverage ranges from total return swaps, futures and options to private placements and alternative investments.