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| Barra, Inc. is an investment risk management company that provides
solutions to financial professionals worldwide. The Company has two
business units. Its Core Business provides portfolio risk management and
enterprise risk management systems to investment professionals. Its Core
Business consists of portfolio and enterprise risk management systems. The
Company's Ventures Business develops new lines of business by leveraging
its core research and development, generally through strategic
partnerships. For certain periods during 2002, its Ventures Business
consisted of three business segments: Portfolio System for Institutional
Trading (POSIT), Symphony Asset Management (Symphony) and Other Ventures.
As of April 1, 2002, the Ventures Business unit consisted solely of the
POSIT business segment and certain minority equity investments in Other
Ventures. |
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