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RISK MANAGEMENT BRIEFS Zurich IC2 launches a combined consulting and software service to assess, monitor and manage operational risk at financial institutions; eDerivative.com to expand its online trading platform for interest rate derivatives with Radianz's network solution; CertCo adds an online supplier performance ratings to its CertCo RMX product.
RISK MANAGEMENT BRIEFS In its second round of institutional financing, ERisk raises $10 million in funds; Egar technology releases its Equity Trading System (ETS) for real-time equity options trading and risk management.
GARP Survey Reveals Risk Salaries GARP unveils first annual risk salary survey.
Cygnifi Taps Saecos for Top-Notch Security Cygnifi teams up with Saecos for top-notch security.
Taking a Closer Look at How Financial Services Firms use Economic Capital Numbers Stephen Bates, director of the risk management group at the Bank of Montreal advocated looking at how firms use economic capital calculations rather than simply coming up with the numbers.
Algorithmics Takes Risk Management to New Heights at Annual Risk Conference Key customer and product announcements highlighted at event.
RISK MANAGEMENT BRIEFS CertCo adds online payment capabilities from Electronic Payment Exchange to its CertCo RMX product; Financial Engineering Associates releases a server edition to its VaRworks enterprise-wide market risk management solution; ABN Amro's equity derivatives group licenses SciComp's SciFinance and SciXL products to prototype and view derivative pricing models.
NetRisk and PricewaterhouseCoopers Join Forces to Launch New Operational Risk Company OpVantage Brings together operational risk databases and methodologies for broader, more comprehensive offerings.
RISK MANAGEMENT BRIEFS Joe McHugh appointed group CFO of SunGard Trading and Risk Systems; Summit Systems appoints Theresa Renaud to the position of director of marketing for the firm's NY headquarters office; ERisk releases an executive information system for strategic capital management.