RiskMetrics Group, the leading financial risk management firm, today announced the opening of its Chicago office.
The new location is the firm's eleventh office globally.
Focused on account management and sales, the Chicago office serves RiskMetrics Group clients throughout the Midwestern United States.
A hotbed for high net worth asset managers, as well as several hedge funds, funds of funds and private banking institutions, the Chicago metro area is a large market for RiskMetrics Group's risk management and wealth management solutions. The firm recently announced an agreement with Chicago-based Northern Trust to make its WealthBench platform available across Northern Trust's global financial services enterprise. Other clients in the area include leading hedge funds, fund of funds, banks and asset managers.
The office is led by David Symonanis, who was previously based in RiskMetrics Group's New York headquarters. Symonanis commented: "Chicago is a major money center and home to several influential firms that are vital to the success of RiskMetrics Group. As we continue to grow as a company, it is critical that we maintain the types of close working relationships with our clients that keep us at the forefront of the financial risk management marketplace."