20 October 2017
Find out more

RiskMetrics signs 100th customer to ASP platform

08 July 2003  |  4035 views  |  0 RiskMetrics signs 100th customer to ASP platform

New York-based RiskMetrics Group says its has secured its 100th ASP contract, just 14 months after it launched its hosted risk analytics services.

RiskMetrics says its continued momentum suggests a growing trend towards the wide adoption of ASP-based financial risk management services and that there is a market for sustained growth in this area.

Ken Parker, co-head of managed services, RiskMetrics Group, says: "The success of the ASP platform lies in its ability to combine robust analytics with a lower barrier to entry and easy integration with existing analytics tools."

The group's hosted services, which were introduced to the marketplace in April 2002, have shown rapid growth in the Americas where 60% of its ASP clients are based.

Initially considered as a lower-cost option for smaller firms, RiskMetrics says the ASP platform has become a full-service, main attraction for some of its largest customers.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
satelliteGates Foundation backs Ripple collaboratio...
8367 views comments | 13 tweets | 10 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
8121 views comments | 21 tweets | 26 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7355 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
6717 views comments | 10 tweets | 21 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
6387 views comments | 14 tweets | 23 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job