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ALCHEMY APPOINTED ADVISORS ON RISK MANAGEMENT
AT KARACHI STOCK EXCHANGE
21st November 2006
Karachi, Pakistan – Alchemy Associates / Alchemy Technologies
announced today that it has been appointed as an advisor on
risk management and product development at Pakistan’s
largest bourse, the Karachi Stock Exchange (KSE).
Karachi Stock Exchange is the most liquid exchange in Pakistan
and is in its 4th year of being one of the Best Performing
Markets of the world, as declared by the international magazine
“Business Week”. As of June 30, 2006, 658 companies
were listed with a market capitalization of Rs. 2.8 trillion
(US $ 43 billion).
Alchemy is a boutique risk management firm with customers
in Pakistan, Middle East and Thailand that has been growing
at more than 100% a year, year on year for the last four years.
The company’s flagship product, the “Alchemy Risk
Manager” has won multiple industry awards and has been
successfully implemented at multiple client sites including
banks and insurance companies.
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