Albourne Partners and Thomson Reuters have jointly announced
the launch of Open Protocol Enabling Risk Aggregation (OPERA),
a new protocol that standardises how hedge funds collect,
collate, and convey risk information.
The new protocol is intended to help hedge fund investors
aggregate and integrate their exposures, to reduce the
proliferation of investor-specific risk formats that hedge
funds have to manage and to provide regulators with a detailed
technical approach, forged by practitioners, to identify
Developed by an independent Working Group of...