Credit risk

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Credit crisis to spur op risk IT spending - Datamonitor

/Credit risk

Credit crisis to spur op risk IT spending - Datamonitor

The sub-prime crisis will spur banks to increase spending on operational risk technology from $754 million in 2007 to over $1 billion in 2010 - an average annual increase of almost 12% - according to the latest Datamonitor research.

Autonomy to cash in on credit crunch

/Credit risk

Autonomy to cash in on credit crunch

Shares in UK software house Autonomy rose after it said that it stands to benefit from the subprime mortgage crisis as US banks look to implement data retrieval technology for legal and regulatory reasons.

Bank of Moscow signs for IPS-Sendero risk management package

/Credit risk

Bank of Moscow signs for IPS-Sendero risk management package

Fiserv subsidiary IPS-Sendero says Bank of Moscow has licensed its risk management offering, IPS-Sendero KRM, which is based on technology developed by Honolulu-based Kamakura Corporation.

Algorithmics signs Bank of Ireland Global Markets to market risk technology

/Credit risk

Algorithmics signs Bank of Ireland Global Markets to market risk technology

Bank of Ireland is rolling out market risk measurement and management technology from Toronto-based vendor Algorithmics at its global markets division.

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