Award Is Acknowledgement of Affordability and Ease of Use of PerTrac RiskPlus.
PerTrac, the leading provider of analytics, reporting and communications software for investment professionals, today announced that the company has been recognized for the second year in a row by industry magazine Hedgeweek as the “Best Risk Management Software Provider."
The parent company of Hedgeweek, Global Fund Media, polled 41,000 readers, including over 5,800 institutional investors, and requested their assessment of the best hedge fund performers and service providers during 2011. The results of the Hedgeweek Awards 2011 were compiled from over 1,300 responses, and the winners were those companies which received the greatest number of votes in their category.
"The continued adoption of PerTrac RiskPlus by investment professionals demonstrates the global need for an affordable, powerful and user-friendly way to identify risk in portfolios that include traditional and alternative investment funds," said Brendan Dolan, President of PerTrac. “To be given this award again is yet another acknowledgment that PerTrac has developed solutions that address the market's heightened need for carefully analyzing risk in less transparent asset classes," he added.