Barra Sets Up Enterprise Risk Unit

BARRA, the Berkeley-based analytics software vendor, has decided to move into the enterprise wide risk management systems market.

The vendor has set up a new business unit, dubbed Enterprise Risk Management Services, that focuses on integrating Barra's models and data with third-party risk management systems.

Barra's new unit will operate by negotiating partnership agreements with other risk software vendors, say Barra officials. Aamir Sheikh has been appointed as director of the new risk

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