Record Treasury Management has linked up with Platinum Treasury Systems, a corporate risk management software provider, to develop a product for the pension fund market.
Platinum is developing software to measure risk for corporations and banks that also will be tailored to the pension fund market, with Record's assistance, said Les Halpin, chief executive of the currency manager.
The product will be more suitable for pension funds that operate in a limited set of markets than J.P. Morgan's more complex RiskMetrics product, he said. The firms also will cross-market each others' products, he added.
