BARRA will stop selling four of its domestic, fixed-income risk...

BARRA will stop selling four of its domestic, fixed-income risk management software products by the end of the year, said Roveen Bhansali, managing director, fixed-income services. The eliminated software products are: B2, Decision, IBS and Precision. The change will lead to layoffs, he said. "Some people will be let go, and some will transfer,’’ he said. He would not comment on the number of layoffs. BARRA intends to refocus on its global and firm-wide fixed-income analytics products, he said. The domestic product accounted for 5%, or close to $8 million, of revenues for the fiscal year ending in March, according to a statement.