Risk feels ripe for a sell off, especially with a market leading brand such as World Check..
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Although Risk has always been somewhat insulated from the previous layoffs thanks to GRC being the brainchild of David Craig, this time it is different and will see far deeper cuts as they try to merge even more with F.
The reality is F and R have always been like oil and water. GRC should have always been kept its own division. It was growing at 26% prior to the merger with F. It was used to underpin a failing F business.
All the good quality staff has now moved on and those left will no doubt move. Dow Jones, Lexis Nexis and Accuity must be rubbing their hands together.
Risk very heavily hit (at least in Asia, that I know of). . I guess the headcount to revenue ratio is relatively high in the Risk part of the business - (compared to the more mature desktop and datafeed areas), and as such, has been targeted in this whole cost cutting process.
Which I'd kind of understand - but for the fact that risk in asia is growing at 20% plus... and has just delivered it's all time best 2 quarters...
seems very short term focused...