ScanRate enters agreement with RiskMetrics

ScanRate Financial Systems A/S and RiskMetrics Group Ltd, New York, enter a service level agreement starting June 20th 2004 providing RiskMetrics Group with a robust set of Danish Mortgage Bond market data for use in its Value-at-Risk (VaR) calculations.

By subscribing to this service RiskMetrics Group clients will be able to use the ScanRate interest rate sensitivities to calculate the market risk of in-house Danish Mortgage Bond portfolios as well as benchmark portfolios.