Azerbaijan, Baku, Feb. 3 / Trend Capital /

The State Oil Fund of Azerbaijan Republic (SOFAZ) and RiskMetrics Solutions Inc. signed a contract under which the company will offer SOFAZ services on implementation of software for risk assessment, the company reported.

The contract will cover five year, and its cost is estimated at $160,000.

It is assumed that the process of establishing a system will be completed within six months.

RiskMetrics Solutions Inc. is a major international company providing financial services organizations in the field of risk assessment, financial analysis and corporate governance.