Thomson ESG Launches Operational Risk Index Initiative With GSCS

THOMSON Financial Services' Electronic Settlement Group (ESG) has announced two new initiatives aimed at tackling operational risk issues.

The vendor has formed an advisory board to assist in the development of new post-trade processing systems.

Thomson ESG has also formed an alliance with GSCS Benchmarks, a London-based company that provides performance measures for settlement risk on 50 markets worldwide.

GSCS and Thomson plan to launch an operational risk index that will help fund managers build

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