Reech expands in Italy

Reech Capital is to expand its business in Italy through a distribution agreement with Uniteam, an Italian business solutions provider.

The agreement will enable Reech Capital to market its specialist application service provider (ASP) risk management solution, eVaR+(tm), directly to Italy's 844 banks through Uniteam, which supplies corporate IT and telecoms services to financial institutions in Italy.

eVaR+(tm) is Reech's generic risk engine, designed to compute value at risk, credit risk, settl