Quasi-government US mortgage agency, Freddie Mac, has chosen Fitch Risk's OpVar software suite to manage its operational risk.Freddie Mac will use OpVar for operational risk data collection, analysis and reporting. “Freddie Mac is committed to world class risk management to ensure that we continue to serve America’s families for generations to come,” said Cindy Gertz, senior-vice president of operational risk management, Freddie Mac. “Utilising robust operational risk tools, such as OpVar, will help us to achieve this goal,” she added.
More on Structured Products
Regulatory panel suggests backtesting internally is best practice
Growing appetite for ETFs buoys market confidence
The region's exchange-traded funds take in $56.2bn by end of October
US SEC exempts exchange-traded managed funds from disclosure protocols
Sign up for Risk.net email alerts
Sponsored webinar: IBM
Watch highlights of this year's London conference
Operational risk and the challenges of defining and dealing with conduct risk
Watch discussions and speakers from our North America conference
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.