Mondas Targets Radica Operational Risk Software At Financial Sector


MONDAS, a Surrey, UK-based software vendor, has started marketing its Radica workflow management application to the financial sector.

Vendor officials say Radica can help risk officers and senior managers monitor operational risks and alert them to potential rogue trader situations.

Tim Simon, Mondas's founder and managing director, says the vendor is currently negotiating with two financial institutions regarding implementing Radica.

Simon says Mondas's software can help prevent rogue trader cases

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