Algorithmics, a provider of risk solutions, and Markov Processes International (MPI), a provider of quantitative manager analysis, have partnered to target funds. The firms will offer a comprehensive manager and portfolio risk monitoring solution for financial institutions that are primarily buyers of funds.

Algorithmics’ risk solutions and MPI’s ex-post return-based quant analysis will together be able to provide sophisticated ex-post and ex-ante research, simulation and reporting. The firms will integrate their products to offer an advanced solution, providing fund buyers with insight into the risk characteristics of both managers and portfolios.

Click here for the release from Business Wire.