Risk-Management Technology

Algorithmics partners with Agena to integrate assessment functionality into the Algo OpRisk solution. ;FT Interactive Data expands its BondEdge fixed-income portfolio-analytics product. ;The State Bank of India set to deploy anti-money laundering software from STB Systems in Hong Kong branch.

Algorithmics has partnered with Agena to integrate assessment functionality into the Algo OpRisk solution. Through the partnership, the new Algo OpRisk Assessment module will provide risk-assessment functionality, combining quantitative and qualitative data in a Bayesian scorecard approach. This functionality is combined with Algo OpRisk's existing Data and Analytics modules for more effective management of operational risk.

FT Interactive Data has expanded its BondEdge fixed-income portfolio-analytics product with portfolio-versus-benchmark functionality and daily credit-risk histories. BondEdge currently combines risk information from RiskMetrics' CreditGrades service with proprietary CMS BondEdge data. Now the BondEdge product also includes daily histories on prices, yields and option-adjusted spreads for corporate bonds on an individual-holdings basis.

The State Bank of India is set to deploy anti-money laundering software from STB Systems in its Hong Kong branch. The bank will implement the STB-Detector and STB-Reporter products in addition to its STB's Hong Kong Monetary Authority reporting solution.