Bank Of Baku

State Oil Fund of Azerbaijan introduces risk assessment system software

State Oil Fund of Azerbaijan introduces risk assessment system software
# 02 February 2010 09:42 (UTC +04:00)
Baku. Rashad Suleymanov – APA-Economics. State Oil Fund of Azerbaijan has signed a contract worth of USD 160 000 per annual on five years period with RiskMetrics Solutions İnc., the winner of the tender on risk assessment system software, the fund. The system will be installed within 6 months.

Originally founded upon a measurement of market risk in a portfolio, RiskMetrics Group is now the recognized standard in financial risk management.
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THE OPERATION IS BEING PERFORMED