NORWALK, Conn., June 22, 2010 (GLOBE NEWSWIRE) -- FactSet Research Systems Inc. (NYSE:FDS) (Nasdaq:FDS), a leading provider of financial information to the global investment community, today announced the appointment of Dr. Steve Greiner as Director of Portfolio Risk Research. In this role, Greiner will focus on the strategy and development of FactSet's multi-asset class risk offerings.
"We're pleased to welcome someone with Steve's experience and research skills to our risk team," said FactSet Director of Analytical Products, Chris Ellis. "His knowledge of risk modeling, stress testing, and VaR analysis will be an outstanding asset to FactSet as we continue to enhance our already-robust suite of risk offerings."
Prior to joining FactSet, Greiner was a portfolio manager and Head of Quant Strategies for Allegiant Asset Management (now PNC Capital) and served on the company's Investment Committee, with responsibilities including firm-wide risk management and portfolio process review. Prior to that, Greiner was the head of large cap quant for Harris Investment Management.
"FactSet has a reputation for being a 'best in class' organization," said Greiner. "This history along with where they want to take risk modeling, where they want to position themselves in the marketplace for this product, and what they want to accomplish with this kind of solution for asset managers is such a compelling business opportunity that I just had to be associated with it."
Dr. Greiner has a postdoctoral fellowship from the Freie Universitat Berlin, a Ph.D. from the University of Rochester in chemical physics, and a B.S. from the State University of Buffalo, where he studied chemistry and mathematics. He is currently writing a book titled Ben Graham was a Quant, due out in early 2011.
About FactSet
FactSet combines integrated financial information, analytical applications, and client service to enhance the workflow and productivity of the global investment community. The company, headquartered in Norwalk, Conn., was formed in 1978 and now conducts operations along with its affiliates from more than 23 locations worldwide, including Boston, New York, Chicago, San Mateo, London, Amsterdam, Frankfurt, Paris, Milan, Tokyo, Hong Kong, Mumbai, and Sydney. Follow FactSet on Twitter at www.twitter.com/factset.