Providus offers new RiskResolve module
NASHUA, NEW HAMPSHIRE - Providus, the New Hampshire-based financial software firm, is planning to announce the launch of a new module for its RiskResolve product at the end of March.
The module is being unveiled as part of the upgrade of the RiskResolve package to level 4.0, and consists of a loss data integration module, according to Ed Shea, vice-president of financial markets, at Providus. "It allows us to do what we call a closed-loop process," he says. "That is, we look at accumulated histories of losses - particular types, classified by Basel category - then do some reporting and summary analysis on the other side and see whether or not they are systematically falling
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