In February alone, ERisk welcomed more than 1,500 new members to its online risk management community. According to Peter Nakada, ERisk's VP of Business Development, "we attribute this phenomenon to the growing word-of-mouth publicity surrounding our ERisk iConference events, and expanded risk management news and reference areas. We're by far the most innovative risk management destination on the Web." In terms of industry affiliation, the ERisk registered user base includes a diverse cross-section of the risk management community with concentrations of risk management professionals from the banking (35%), insurance (9%), and corporate (9%) sectors.

"The relaunch of the ERisk.com portal in November has been a tremendous success," says ERisk President Kerry Williams. "We've experienced a surge of new users and our registered membership has penetrated over 10% of our target market of risk professionals worldwide. It's amazing how much interest we've generated from both risk management practitioners and potential business partners. It shows the increased understanding of the benefits of enterprise risk management and the market potential for ERisk," Williams added.

Because of the rapid growth in popularity, ERisk has accelerated a number of programs designed to heighten awareness of its ever-expanding collection of news, reference and community resources, including the premiere of a weekly newsletter - ERisk Essentials. This free email-based communication alerts registered portal users to the week's newsworthy stories and special events. According to Sumit Paul-Choudhury, ERisk's Editor-in-Chief, "Our users' enthusiastic response to the Essentials demonstrates that we are providing risk managers with the kind of information and insight that they need to perform their jobs better and to add value to their firms. Thousands of users now read and download from ERisk.com every week."

In addition, participation in ERisk's popular iConference series has set new records. ERisk iConferences are hour-long online presentations on topics of interest to the risk management community hosted by leading names in the world of banking, insurance, and risk management. Attendees view the presentation over the Internet, while listening to each speaker via conference call. Participants have the added benefit of live "chat" and real-time audience polling. Many users have reported that the iConference format is even better than in-person conferences since they can easily ask questions through the "chat" function that they might otherwise be hesitant to ask in an auditorium setting.

In February, more than 1,300 participants registered for a special two-part series dedicated to the proposed Basle Capital Accord. Attendees listened to Bill Treacy of the Federal Reserve Board explain the regulators' perspective on the new capital rules, while Ashish Dev of Key Bank and Andy Hickman of ERisk provided insights into their practical implications. The delegates, more than 60% of whom said they were participating for the first time, took full advantage of the free events' question, polling and chat capabilities. Traffic on the ERisk portal reached an all-time high as people logged on to the site to access the post-event archives with further resources and live replays of the iConference. ERisk's iConference event on April 11th will feature Stephen Bates of the Bank of Montreal speaking on the topic of "Practical Considerations in Measuring Economic Capital" and will include both a case study and a discussion of the benefits and challenges of implementing an economic capital attribution system. Participation in these innovative online events is free by registering in advance at www.erisk.com.

While maintaining its position as the leading risk management portal, ERisk is preparing for the official launch of its new line of enterprise risk management analytics software products. "Portal participants have received a sneak preview of these products and their feedback has been very encouraging. We look forward to expanding the ERisk.com portal as the hub of our new ASP-based software services," says Murray Nash, Vice President of ASP Services at ERisk.

ERisk.com is a free resource available to all risk management professionals. It can be visited at www.erisk.com.

About ERisk
ERisk is the leading full service provider of strategic solutions for enterprise risk management and economic capital allocation. Our core offerings include consulting; risk and capital management analytics; risk transfer advisory services; and the ERisk.com portal. We deliver these offerings to financial services firms, property and casualty insurers, energy companies and non-financial corporations. Our mission is to increase return-on-equity for our clients' shareholders by elevating risk management to an enterprise-wide level and driving capital allocation decisions with our innovative analytics. For more information please visit the ERisk website at www.erisk.com.

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