Originally a division within J.P. Morgan & Co., RiskMetrics Group was spun off as an independent company in 1998. It became a prominent global provider of risk management software and data, best known for popularizing the Value-at-Risk (VaR) methodology. The company's services helped financial institutions and corporations measure and manage market, credit, and operational risk, as well as providing proxy voting services and corporate governance ratings through its Institutional Shareholder Services (ISS) subsidiary. In 2010, RiskMetrics Group was acquired by MSCI Inc. for approximately $1.55 billion, and its products and services have since been integrated into MSCI's broader suite of investment decision support tools.

Founded in

United States