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PerTrac Again Named Best Risk Management Software Provider by Hedgeweek ReadersNEW YORK --(Business Wire)-- PerTrac, the leading provider of analytics, reporting and communications software for investment professionals, today announced that the company has been recognized for the second year in a row by industry magazine Hedgeweek as the "Best Risk Management Software Provider." The parent company of Hedgeweek, Global Fund Media, polled 41,000 readers, including over 5,800 institutional investors, and requested their assessment of the best hedge fund performers and service providers during 2011. The results of the Hedgeweek Awards 2011 were compiled from over 1,300 responses, and the winners were those companies which received the greatest number of votes in their category. "The continued adoption of PerTrac RiskPlus by investment professionals demonstrates the global need for an affordable, powerful and user-friendly way to identify risk in portfolios that include traditional and alternative investment funds," said Brendan Dolan, President of PerTrac. "To be given this award again is yet another acknowledgment that PerTrac has developed solutions that address the market's heightened need for carefully analyzing risk in less transparent asset classes," he added. PerTrac RiskPlus, a joint development project with FinAnalytica, is fully integrated into PerTrac Analytics, PerTrac's industry-leading asset allocation and investment analysis software. PerTrac RiskPlus gives portfolio managers and risk professionals easy to understand and multifaceted reports that break down a portfolio's risk and return components. It enables investors to discern which funds may deserve greater allocations, which funds are problematic and how a portfolio can be expected to perform during market shock scenarios. About PerTrac PerTrac provides software solutions for investment professionals at the fund-level of investing including pensions, family offices, hedge funds, long-only managers, endowments, sovereign wealth funds, funds of funds and industry service providers. More than 1,400 organizations in 50 countries rely on PerTrac software solutions to help them maximize returns, reduce risk and operate more efficiently. Founded in 1996, PerTrac is headquartered in New York with offices in London, Hong Kong, Tokyo, Reno, and Memphis. For additional information on the full suite of PerTrac software solutions, please visit www.pertrac.com.
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