Bisys in RiskMetrics Linkup

They want to provide risk reporting to hedge funds.
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Bisys

(BSG)

said Tuesday that it would partner with financial risk management firm

RiskMetrics Group

to provide risk reporting tools to hedge fund managers.

The Roseland, N.J.-based company said that the reports will include exposure statistics, portfolio sensitivities, stress tests to extreme events and value-at-risk. These reports will help the fund managers to identify, measure and manage risk for their alternative investment portfolios, the company said.

Shares of Bisys were trading up 12 cents, or 1.01%, at $11.98 Tuesday.

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