Cats Software Named Co-Sponsor For JP Morgan's CreditMetrics
CALIFORNIA--Palo Alto, California-based Cats Software has teamed up with JPMorgan as a co-sponsor of the bank's CreditMetrics methodology for measuring credit risk on portfolios of loan-based instruments. Rod Beckstrom, chief executive of Cats, says the deal "establishes that we are publicly and financially committed" to CreditMetrics. He adds that the vendor will integrate CreditMetrics into
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