Middle East gets new consultancy tool

Financial Technologies Middle East (FTME), a leading technology enterprise, has announced the launch of ‘Riskraft’, a knowledge and consulting initiative aimed at providing consultation on Basel II issues in the areas of financial risk management, quantitative techniques, risk analytics and data warehousing. The company aims to provide these services to the monetary and regulatory authorities, banks, stock exchanges and other financial institutions. It says the move is timely. The United Ara