Riskdata launches AlphaRisk tool

Risk management software provider Riskdata has launched AlphaRisk Screener. The tool will form part of Riskdata's upgraded Fofix 3.0, its risk management system for investors in external funds.Riskdata says AlphaRisk will allow investors to rank funds by risk appetite, and to match portfolio risk-style targets alongside performance objectives.The software is designed to help users assess which manager can be selected to minimise the credit risk of a portfolio while maintaining the overall ex