Oxford Risk, a spinout of the University of Oxford, has developed an online risk profiling service that gives investors and advisers access to professional risk assessments.
The web-based system, Oxford Risk Rating Online, follows regulatory guidelines that require advisers take reasonable steps to ensure investment recommendations are suitable for customers, its makers said. Oxford Risk Rating is already available to over 40,000 advisers worldwide. Its creators said it offers science-based off-the-shelf or customised risk profiling solutions. Oxford Risk director of business development Andre Neves Correia said: "The web service provides a comprehensive platform with a flexible delivery and a detailed analysis of individual risk tolerance and preference ...
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