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RiskMetrics Group

RiskMetrics Group Opens Beijing Office

2009-04-27 08:00
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New Research and Development Center Dedicated to Advancing the Practice of Risk Management

BEIJING & NEW YORK--(BUSINESS WIRE)--RiskMetrics Group, a leading provider of risk management and corporate governance services to the global financial community, today announced the opening of its Beijing office. The new location is the firm's twentieth office globally and it will initially serve as a research and development center, building out to a full service office over the next twelve to eighteen months.

“Having a presence in China is a must for a global company like RiskMetrics and Beijing is a perfect location thanks to its deep talent pool,” said Ethan Berman, Chief Executive Officer at RiskMetrics Group. “Many of our clients already operate in China so this market is as important to RiskMetrics' future as it is to the world as a whole.”

Through successful graduate student internship programs, RiskMetrics has established mutually beneficial relationships with Peking University and Tsinghua University in Beijing and Shanghai Jiaotong University in Shanghai. In fact, many of the students from these universities worked alongside our risk experts in New York last year and will form the foundation of our research and development staff in Beijing.

“Working with such bright and passionate professionals from these renowned universities has been a terrific experience,” said Daihong Dai, Head of RiskMetrics Group's Beijing Office. “With their help, we look forward to establishing our research and development function in Beijing and quickly expanding our operations in China to meet the needs of our institutional clients. We also hope to forge closer ties with Chinese regulators and industry leaders as we develop a client-facing dimension in the near future.”

RiskMetrics is a leading provider of multi-asset class risk measurement, modeling and reporting services to the global financial community. The Company is also known as a leading provider of corporate governance services and expertise. RiskMetrics' clients include over 2300 asset managers, alternative investment managers, pension funds and banks, as well as over 1000 corporations.

Daihong Dai, who will lead the Beijing office, has been with RiskMetrics for more than nine years working in both New York and Oklahoma. She was the primary driver of the student internship program RiskMetrics established with the three Chinese universities.

About RiskMetrics Group

RiskMetrics Group (NYSE:RMG) is a leading provider of risk management and corporate governance products and services to financial market participants. By bringing transparency, expertise and access to the financial markets, RiskMetrics Group helps investors better understand and manage the risks inherent in their financial portfolios. Our solutions address a broad spectrum of risk across our clients' financial assets. Headquartered in New York with 20 global offices, RiskMetrics Group serves some of the most prestigious institutions and corporations worldwide. For more information, please visit: www.riskmetrics.com.

Contacts

RiskMetrics Group
Cheryl Gustitus, 301-556-0538
cheryl.gustitus@riskmetrics.com
or
Sarah Cohn, 212-354-4643
sarah.cohn@riskmetrics.com