E&Y, JP Morgan Launch Horizon Op Risk System
NEW YORK--Ernst & Young and JP Morgan have begun marketing Horizon, an operational risk management system developed by the bank and currently being rolled out to its investment banking organization. The two will jointly market the system, which is targeted at large financial services firms.
Ernst & Young will take the lead in promoting Horizon as a way of measuring and managing operational risk. The two companies got together after an Ernst & Young partner working at JP Morgan was shown the
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