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JP Morgan And Reuters Sign Riskmetrics Development Deal

Reuters is to take over the day-to-day management of JP Morgan's pioneering Riskmetrics risk data service, as part of an agreement announced last week by the information vendor and the New York-based investment bank.

JP Morgan and Reuters also plan to develop Riskmetrics into a more sophisticated value-at-risk (VAR) analysis service. Users of the new Riskmetrics will be charged a fee, though the

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