RiskMetrics and Adhesion enter wealth management partnership

RiskMetrics and Adhesion enter wealth management partnership

RiskMetrics has entered a wealth management partnership aimed at integrating its portfolio analytics and monitoring software with Adhesion Technologies account aggregation capabilities.

Under the agreement, RiskMetrics' WealthBench solution will be integrated with Adhesion's EA2 Financial Consolidation Platform.

Rob Dinning, business development director, RiskMetrics, comments: "Adhesion's EA2 provides wealth management professionals with a holistic picture of a client's net worth, allowing them to deliver truly valuable investment advice. The integration with WealthBench now gives those professionals access to the powerful analysis and decision support tools they need for key strategic investment decision-making."

Seperately, RiskMetrics has announced the expansion of its CreditGrades suite into Asia. Originally released in May 2002, with the endorsement of Deutsche Bank, Goldman Sachs and JPMorgan, CreditGrades now includes comprehensive data on Japanese firms.

CreditGrades is an equity-based model to assess the credit quality of publicly traded companies. Since the initial release, over 10,000 unique users have visited the CreditGrades Web site, with 3300 users registering for the site's watchlist features. Even without coverage of Japanese issues, a significant portion of the site's traffic and interest has come from Japan, says the vendor.

RiskMetrics says it will continue to enhance the CreditGrades coverage, with further Asian data planned for autumn, and extensions to the North American and European coverage available by the end of the year

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