Odyssey Asset Management Systems Partners with RiskMetrics Group

New York, 27 June 2005 - Odyssey Asset Management Systems, a leader in wealth management and private banking solutions has formed a strategic alliance with RiskMetrics Group, the leading financial risk management firm. Leveraging the resources of both companies, the partnership will bring advanced and integrated wealth management solutions to an increasingly risk-aware market.

Odyssey will add RiskMetrics Group’s sophisticated risk management components to its Portfolio Manager Workstation, providing managers with reliable and objective risk analytics at various levels. Increasingly, these analytics will be utilized through the investment management process for active portfolio construction, monitoring, stress tests and rebalancing and performance reporting.

Antoine Duchateau, CEO and founder of Odyssey Asset Management Systems, says, "The subject of active risk management is increasingly important to the investment management community. With RiskMetrics Group as our strategic partner, we will bring ground-breaking solutions to our clients, empowering them with advanced management tools. RiskMetrics Group’s expertise and market-leading position in this global field were key factors in the decision to form this partnership."

Ethan Berman, CEO of RiskMetrics Group, adds, “The ability to provide clients with risk transparency is absolutely essential in today’s wealth management marketplace. We look forward to working with Odyssey to provide asset managers and investors with the tools they need to make practical, informed allocation decisions."

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