Segal Rogerscasey taps RiXtrema for risk analytic tools

Segal Rogerscasey on Thursday announced it hired RiXtrema to provide risk analytic tools for use by the firm's investment consultants.

John DeMairo, president and CEO of Segal Rogerscasey, said in a joint news release thatRiXtrema's quantitative and behavioral risk analytic tools will help consultants there to “better understand the interaction between various asset classes and strategies during periods of extreme market volatility. This will allow us to better stress-test our clients' asset allocation mixes.”

RiXtrema is a risk management modeling and software provider that develops analytical tools for risk management to pension funds and investment consultants, as well as mutual fund, hedge fund, funds-of-funds and other asset managers.