Op risk database in tug-of-war

Two operational risk management firms are claiming ownership of the same external loss database.

OpRisk Data, based in Bangalore, India, announced in late March it would be re-marketing OpRisk Global Data -currently marketed as part of Stamford, Connecticut-based OpRisk Analytics' product range - as the OpRisk Data Public Operational Loss Database. According to OpRisk Data chief executive officer (CEO) Pat Medapa, a former advisor to OpRisk Analytics, OpRisk Global Data was solely constructed and developed by OpRisk Data and its team of analysts in Bangalore. Medapa told Operational

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