Partnership with Quant Foundry

RNS Number : 1573F
KRM22 PLC
11 July 2019
 

KRM22 plc

 

("KRM22" or the "Company")

 

KRM22 announces partnership with Quant Foundry

 

KRM22 plc, (AIM: KRM) the technology and software investment company that focuses on risk management for capital markets, today announces that it has partnered with Quant Foundry, an established quantitative solutions provider.

 

Quant Foundry's seven quantitative risk models will be integrated with KRM22'S Enterprise Risk Cockpit to provide firms with more sophisticated analytics. Firms licensing this additional Enterprise Risk Cockpit feature will be able to see quantitative and qualitative risk assessments alongside each other through a suite of standardised views or custom dashboards depending on their requirements.

 

Keith Todd, Chairman and CEO at KRM22, commented: "We are committed to delivering best practice risk management solutions for our customers. This partnership with Quant Foundry will provide a superior way for firms to objectively assess risks across their organisation, reducing the complexity of managing their enterprise risk profile."

 

 

For further information please contact:

 

KRM22 plc                                                                                                          InvestorRelations@krm22.com

Keith Todd CBE, Executive Chairman and CEO

Kim Suter, CFO

 

finnCap Ltd (Nominated Adviser and Sole Broker)                                                      +44 (0)20 7220 0500

Carl Holmes / Kate Bannatyne / Matthew Radley

 

About KRM22 plc

KRM22 is a closed-ended investment company which listed on AIM on 30 April 2018. The Company has been established with the objective of creating value for its investors through the investment in, and subsequent growth and development of, target companies in the technology and software sector, with a focus on risk management in capital markets.

 

Through its investments and the Global Risk Platform, KRM22 helps capital market companies reduce the cost and complexity of risk management. The Global Risk Platform provides applications to help address firms' regulatory, market, technology and operations risk challenges and to manage their entire enterprise risk profile.

 

Capital markets companies' partner with KRM22 to optimize risk management systems and processes, improving profitability and expanding opportunities to increase portfolio returns by leveraging risk as alpha.

 

KRM22 PLC is listed on AIM and the Group is headquartered in London, with offices in several of the world's major financial centres.

 

See more about KRM22 at KRM22.com.


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