RBC Dominion Installs Cats' Carma For Global Credit Risk Management
TORONTO--Royal Bank of Canada Dominion Securities, the investment banking division of the Royal Bank of Canada, is installing a new enterprise-wide credit risk management system. RBC Dominion has signed up for Cats Software's Carma application, which is being installed at the bank's Toronto headquarters. Bank officials say they will use the Cats system to analyze credit exposures, with the eventual aim of reducing the company's capital adequacy requirements.
Ian MacKay, vice president and
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