Korean Banks Tap Cats Software For Risk Management Infrastructure
THREE of Korea's largest banks are developing new risk management systems in preparation for forthcoming deregulation in the Korean financial markets.
The banks in question - Korea Exchange Bank (KEB), Hanil Bank and Korea First Bank - have all opted to install the Catalyst application suite developed by Palo Alto, California-based Cats Software (see front page story).
KEB is Korea's largest bank, with over $70 billion in assets. "We expect the Cats system to be a pivotal tool in managing the
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