The funds will be used to accelerate eRisks ' technology initiatives, advance the development of its product suite, round out the executive management team and promote eRisks ' branding efforts.

"Each of our new investors brings strategic value to eRisks as well as funding to drive our development," said James Lam, founder and president of eRisks , and former Chief Risk Officer at Fidelity Investments. "Together with relationships which will help our client and product strategies, our investors bring deep financial services, risk management and Internet industry expertise. We see their involvement as a powerful endorsement of eRisks ' business model and online enterprise risk management vision."

Through the company's click- (www.erisks.com) and-mortar (eRisks Consulting) based business, eRisks integrates a wide array of risk-related educational, analytical and transfer services, both on and offline. These include the leading risk industry portal delivering a daily news digest, risk management case studies, online risk analytics, benchmarking data and risk transfer solutions. eRisks services are focused on providing full-service enterprise risk management solutions to financial institutions, such as banks, insurers, and asset managers, and non-financial corporations such as energy companies.

"eRisks has the vision, the people and the risk expertise to lead in the enterprise risk management Internet space," said John Fitzgerald, member of the eRisks Advisory Board and President of Katalyst, the Full Service Accelerator(TM) that has been helping to rapidly drive the development of eRisks ' business and that has been managing its fundraising efforts. "As companies come under increasing pressure to maximize risk-adjusted returns to shareholders, they will turn to eRisks for its market-leading risk management solutions."

About the Investors

aventic AG

aventic is a Swiss based venture fund wholly owned by UBS AG and managed by an independent company. aventic finances the growth and initial expansion of innovative small and medium sized enterprises geared towards the high tech sectors, such as Internet, biotechnology, software, and telecommunications. aventic also invests in start-ups as well as management buy-outs and buy-ins, again concentrating on small and medium sized enterprises. Investments in start-up phases are primarily done through specialized venture capital funds. For more information about aventic AG, visit http://www.aventic.com.

RMS

Risk Management Solutions (www.riskinc.com) is the world's leading provider of products and services for the quantification and management of property catastrophe, natural hazard, and complex business risks. Its clients include leading insurers, reinsurers, industrial corporations, governments, and financial institutions. Founded at Stanford University in 1988, RMS employs over 500 people worldwide and is owned by DMG Information, a division of the U.K.-based Daily Mail and General Trust plc media enterprise. 

Katalyst Venture Partners I and Katalyst LLC

Katalyst Venture Partners I is the Affiliated Venture Fund of Katalyst LLC. As the first Full Service Accelerator(TM) (FSA), Katalyst LLC drives rapid growth and value creation for B2B and infrastructure Internet businesses through a unique combination of operational expertise, merchant banking and strategic venture capital. The firm accelerates portfolio companies through all aspects of planning and implementation to build successful and sustainable Internet businesses. In addition, firms being accelerated by Katalyst LLC may receive funding from Katalyst Venture Partners I. Katalyst, the first organization of its kind, leverages its proprietary Net Acceleration(TM) methodology to propel its portfolio companies from early stage funding through IPO. Headquartered in Philadelphia, Katalyst is a privately held firm. For more information about Katalyst, visit http://www.katalyst.com or call 610-975-0640.

Internet Finance Partners

Internet Finance Partners (IFP) is a syndicate of strategic partners that invests in, manages and empowers a network of leading-edge Internet-based businesses in the global financial services sector. Backed by institutional leaders in capital markets, and innovators in electronic finance, IFP provides access to mission critical services in a disciplined and collaborative partnership structure. IFP transforms radical e-finance ideas into validated business models that encourage `disruptive innovation' in global financial services - ideas that will empower consumers and buyers, lower transaction costs, improve efficiency, create new markets and restructure traditional ones. IFP prepares start-up ventures for launch and, for more developed concepts, breeds scalable businesses with Smart-Mover Advantage in global markets. IFP has development operations in New York, London and San Francisco, and plans to expand into other global financial centers including Frankfurt, Hong Kong and Tokyo. For further information, refer to www.ifinancepartners.com.

The eRisks logo is available for journalists to download at www.newstream.com. Registered journalists can access the story directly www.newstream.com. Registered journalists can access the story directly by going to http://www.newstream.com/cgi-bin/display_story.cgi?919.

CONTACT: Tony Marcos, 212-819-0170 or Jeremy Milner, Arnold Public Relations 617-587-8921

©2008 Sungard. All rights reserved. Legal Information