OperationalRisk.com Weathers Funding Turbulence, Hires New President

OperationalRisk.com, a pioneer in developing software for op risk management, has reigned in a rapid expansion of staff due to the turbulent funding environment for new technology companies.

The New York based-company has announced a string of new hires over the last couple of months (see Box), including a new president.

But a source close to the firm says that plans to build further the headcount, to around 40-50 staff members by the end of this year, have been put on ice.

The payroll is likely

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