RiskMetrics signs 200th client for ASP platform

The company has doubled client numbers since this time last year. The growth reflects the market's acceptance of the ASP model – whereby a vendor hosts technology rather than the client – and growing appetite for outsourcing position management, the firm said.

"Companies are happy to outsource the aspects of the business that are not their core competency," explained Ron Papanek, global market strategist at RiskMetrics in New York. "Technology, for example, is not a core competency of someone