She joins Riskdata from Axioma Inc, a risk management and optimisation company, where she was Sales Director.

Rachel Rubenstein was previously Sales Director for FTSE Americas, and also worked as a Sales Consultant in New York and California for Barra.

Olivier Le Marois, Chief Executive of Riskdata commented: "Rachel's appointment comes at a time when Riskdata has achieved a market leading position in fund of hedge funds risk management, while continuing to build out our position in the hedge funds area. We've also gained some significant corporate treasury and pension fund clients, and we now see institutional investors as a key growth sector for us. We're seeing increased demand by institutional investors for advanced screening and selection tools that can handle multiple risk styles, together with alpha identification."

Rachel Rubenstein added: "Riskdata has grown into a leading provider of effective risk management solutions, providing truly transparent and flexible solutions for clients, at a time when risk budgeting, sources of risk/returns, stress testing and detailed inclusion of risk in reporting have become top priorities for investors. Riskdata has great products to be promoting to the investment community, and I'm looking forward to working with such a dedicated group of people. We'll be selectively adding to our sales team in London, as we continue to expand Riskdata's footprint, above all in the asset management area."