Other Resources
For more advanced information on risk management and trading tools, try the Risk Metrics Group. Their flagship risk application is RiskManager. RiskManager provides a secure web-based interface to the entire suite of RiskMetrics’ analytics, risk reporting, market data, etc. to offer a fully integrated risk solution. The application allows users to run ad-hoc analyses on-demand, design stress scenarios, perform what-if analyses to rebalance portfolios, produce custom reports, and automate overnight batch processing. RiskManager’s sophisticated solutions allow clients to manage risk across multiple asset classes, from the security level up to the enterprise-wide level. With its highly efficient workflow, new modeling transparency, and sophisticated reporting features, RiskManager is an enterprise-wide solution for risk managers at leading financial institutions.
You might also want to visit Risk Grades where you may do a risk analysis of your personal portfolio. Risk Grades recommends three steps to better investment decisions:
Identify your risks
Enter your portfolio into the My Portfolio function. Check the RiskGrades of each asset to see how risky they are.
Measure your risks
Is your portfolio 'RiskGrade' within your risk tolerance? See how your portfolio RiskGrade compares to other investors.
Manage your risks
Use the What If function to see the impact on your RiskGrade of selling a particular asset or adding a new one.