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Comit unveils Sword6 for operational risk

SWITZERLAND – Comit, the Switzerland-based provider of software to financial firms has launched an updated version of its flagship operational risk management software, Sword.

Sword6, the second update this year, was launched in mid-September in London. Sword5 came out in February.

"The most significant improvement is that it provides a new enterprise-wide reporting capability. The system is now usable and configurable by multiple divisions in one corporation. Before, different business lines of a multi-divisional company had to agree on the one way of entering and

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