Standard & Poor’s Launches RiskDirect

Standard & Poor’s, a division of The McGraw-Hill Companies, announced the launch of RiskDirect, a comprehensive, Internet-based portfolio risk management tool, developed in conjunction with Algorithmics Incorporated. RiskDirect enables financial executives to measure and manage key financial risks, including currency, interest rate, credit, and commodity. RiskDirect will also provide financial executives with a turnkey approach to assisting them in meeting the new reporting requirements specified by the Financial Accounting Standards Board in FAS 133.

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