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RISK-MANAGEMENT TECHNOLOGY
Algorithmics has released its latest version of Algo Suite for enterprise-wide risk management. Algo Suite Version 4.2 provides real-time analytics, limits monitoring and enterprise risk functionality to view market, credit, asset and liability management and operational risk. Algo Suite 4.2 also provides a distributed solution to be scaled for new risk management tools, business divisions, geographical areas, instruments and methods and lines of business.
Mitsubishi Corp.'s Energy Business Group has selected TradeCapture's ICTS Symphony solution for integrated, multi-commodity trading and risk management. The ASP version of the solution will work across the transaction chain and supports physical and financial transactions including exchange-based futures and OTC derivatives.
The Securities Industry Association will be holding its Business-Continuity Planning Conference and Exhibition October 29-30 at the New York Marriott Brooklyn in Brooklyn, New York. The conference will include an overview of the SIA Business-Continuity Planning Committee's activities and goals and will offer workshops on Best Practices and Industry Regulation, Industry Testing & SIAC, Crisis Management and the SIA BCP Command Center, Digitizing Documents for Workflow and Disaster Recovery, IP Availability Solutions, The Data Center Facility Component of Business-Continuity Planning and Catastrophic Events/Crisis Management. For more details or to register for the event go to www.sia.com/bcp02/