Providus offers new RiskResolve module

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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