Kleinworts Goes Live With CMG's Cobra Limits Credit Risk System
U.K.-based Computer Management Group (CMG) has released a credit risk management system dubbed Cobra Limits.
Cobra Limits was initially developed for Kleinwort Benson, the London-based merchant bank.
Kleinwort was already using CMG's Cobra regulatory reporting software when it approached the vendor to develop a consolidated global view of the bank's credit exposures.
Since its rollout at the bank last summer, CMG has continued to enhance Cobra Limits, including a recent upgrade that added
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