Reuters teams with Barra to offer buy-side risk analytics

Reuters, the UK information company, has teamed up with Berkeley, California-based risk management technology vendor, Barra, to integrate Reuters’ buy-side market data with Barra’s risk analytics products for the investment community.

The integrated service will enable institutional and private wealth managers to manage risk in their portfolio from the same system they use to watch the markets. It will allow portfolio managers to test the level of risk versus return of different investment strategies, execute trades across Reuters' broker-neutral network, and continuously monitor the risk and performance of the overall portfolio.

For the institutional market, market data products Reuters 3000 Xtra and Reuters BridgeStation will be integrated with portfolio management tool BarraOne. For the high net-worth advisory market, Barra's risk analytics will be integrated into Reuters Portfolio Management System and Reuters Intelligent Advisor, a new market data service scheduled for launch later this year.

The agreement builds on Reuters and Barra's existing relationship. Barra Risk Factor Analysis, which compares the risk of individual securities with the broader market or sector, is currently available via Reuters 3000 Xtra and Reuters Bridge Station.