New software solution from Protiviti
CHICAGO, ILLINOIS - Protiviti, the US-based consulting company formed by past partners of Arthur Andersen, has launched a new op risk software product. Protiviti enters a market-place that is in a state of evolution - although mergers are common, so are new product launches.
Protiviti's Operational Risk Management (ORM) Portal was developed in partnership with KeyCorp, a mid-sized US financial institution based in Cleveland. Ashish Dev, executive vice-president and group head of enterprise risk management at KeyCorp, and a frequent presenter on the operational risk conference circuit, had his team develop the loss event database portion of the product.
Essentially, Protiviti is developing and integrating a risk control self-assessment, loss event system and capital
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