Financial Objects updates op risk solution
Software provider Financial Objects has launched an updated and enhanced operational risk management solution.
The redesigned system, radar 6.2, enables financial services organisations to meet the requirements of Basel II and the EU’s Capital Requirements Directive through improved risk measurement and control. It also helps energy organisations create an effective risk and control framework to underpin the operational risk management process.
The system retains the same core modules, namely Loss Event Capture, Risk and Control Self Assessments and Key Risk Indicators, with a new risk and control
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