ING Financial Markets has become the first prime broker to use RiskHedge, Reech Capital's new hedge fund risk management engine. ING's international prime brokerage platform will use the system for its own internal purposes as well as offering it to clients.
Unlike other risk measurement systems, most of which are tailored for the long-only market, RiskHedge is designed specifically for the diverse hedge fund strategies. Using an application service provider delivery method, hedge funds can access risk technology that was previously only available to the larger investment banks.