Tech Briefs

FRSGlobal adapts software for new Singapore risk rules

London-based software vendor FRSGlobal has updated its FinancialAnalytics solution to help banks using it to comply with new reporting requirements aimed at minimising concentration risk from Singapore's financial regulator.

The Monetary Authority of Singapore has set new limits to help banks minimise contagion risk and reduce the scope for conflict of interests. From March 31, 2009, banks will have to submit two highly detailed reports

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