Barra Inc., an investment risk management company, provides solutions to financial professionals worldwide. Its products and services support the business-critical portfolio and enterprise-wide risk management needs of global investment professionals, and are designed to allow the clients to make strategic investment decisions. The company operates in two segments: Core and Ventures. The Core segment develops and sells portfolio and derivative risk management systems. These derivative risk management products are developed and sold by Barra’s subsidiary, Financial Engineering Associates, Inc. The company’s risk management systems are designed to help investment professionals identify, measure, and control risk in the context of their own investment disciplines. These systems consist of data, models, and software applications. This segment’s product suite is divided into portfolio risk management, which consists of The Barra Aegis System™, The Barra Cosmos System™, BarraOne™, and Barra Risk Factor Analysis™; enterprise risk management, which consist of The Barra TotalRisk System™ and Barra Enterprise Performance™; and FEA product offerings that include a host of analytics toolkits, which focus on the energy, financial, and commodities markets. These product suites target trading, portfolio, risk, and senior business level decision-makers. The Ventures segment develops new lines of business by leveraging the core research and development into new markets, generally through strategic partnerships. Barra competes with Wilshire Associates, Northfield, Algorithmics, SunGard, Factset, Vestek, StatPro, and Instinet. Barra Inc. operates as a subsidiary of MSCI Inc.