PwC And NetRisk Link To Form OpVantage

NEW YORK -- Global professional services firm PricewaterhouseCoopers (PwC) has teamed up with risk management software provider NetRisk to offer what the two firms hope will become the pre-eminent third-party op risk management provider to financial institutions.

The joint initiative, called OpVantage, will be headed by Dan Mudge, a co-founder of NetRisk. The venture aims to take advantage of global banking regulators’ plans to make large international banks set aside capital from 2004 against

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