JP Morgan Signs Up Brady As First Creditmetrics Technology Associate

JP Morgan has appointed Cambridge-based Brady as the bank's first "technology associate" for its Creditmetrics credit risk measurement methodology. Under the agreement, Brady will integrate JP Morgan's Creditmanager application with the vendor's Trinity market risk management application suite.

Bank officials add that JP Morgan is also negotiating with other vendors on how to make Creditmetrics available through third-party software packages.

"We started formal meetings with Robert Brady, founder

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