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Morningstar stomps into the 'risk score' game with big weapons, miniscule market share and 'love' from Aaron Klein

The Chicago manager of $244 billion -- and ratings whiz -- will de-nerdify FinaMetrica, use portfolio-side data and push out risk software to 180,000 desktops-- all for free

Author Brooke Southall August 3, 2021 at 2:40 AM
Admin:
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Jeff Schwantz: Traditional risk profiling is typically inadequate.

Related Moves

Riskalyze replaces Lori Hardwick with Laurie Schultz at board chair and publicly tells her -- and the RIA industry -- it's moved the goalposts to a $1-billion valuation

The Auburn, Calif., firm's new chair already took one risk software firm to unicorn status and promises to 'do what it takes.'

November 24, 2021 at 11:12 PM

Lori Hardwick steps down as AI Labs president and steps up as a gunslinging paladin for Riskalyze and other firms in new gig economy consulting role

The co-founder went to the Tiburon CEO Summit in April and came away with four big consulting gigs that morphed into a new career

June 13, 2019 at 2:48 AM

After Riskalyze raised a pile of cash, it went shopping for a chief technology officer and found him at Apex Clearing

The Auburn, Calif., risk software maker is undergoing a shift to enterprises and nabs Josh Gray from the Dallas firm.

August 10, 2022 at 2:25 AM

Despite no 'clear, crisp ah-ha! moment,' Morningstar finally launches dedicated RIA bundle unit infused with direct indexing and clearer line to CEO Kunal Kapoor

The Chicago firm mandated Daniel Needham with money, mission and people for branded, one-stop back office for fiduciary RIAs

February 3, 2022 at 8:13 PM

See more related moves

Mentioned in this article:

Riskalyze
Tech: Other
Top Executive: Aaron Klein

FinaMetrica
Compliance Expert
Top Executive: Tyler D. Nunnally - (USA)




Jeff Spears

Jeff Spears

August 3, 2021 — 8:58 PM
A Risk Score reminds me of other failed terminology. It has gleaned 85% market share of the 20% market. Sounds better than the reality. Free might win.

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