MSCI Completes Acquisition of RiskMetrics, Enters Risk Analytics Biz in Earnest
02 Jun 2010
Following the signing of a definitive merger agreement with RiskMetrics earlier this year (see our coverage here), MSCI has finally completed its acquisition of the risk modelling and analytics vendor, which MSCI chairman and CEO Henry Fernandez hopes will significantly expand its risk management capabilities. Fernandez is no doubt also hoping that RiskMetrics’ business will pick up in the aftermath of the acquisition, as last month the vendor announced that its first quarter revenue was down 0.4% on 2009 figures.
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