OpVantage acquires IC2


-- February was a big month for OpVantage, the US op risk software company owned by Fitch Risk. Late in the month, OpVantage acquired the IC2 First (Financial Institutions Risk Scenario Trends) database from Switzerland-based Zurich Financial Services Group for an undisclosed sum. Dan Mudge, OpVantage group managing director, said the company would run the database alongside its OpVar database over the "next few months" before integrating them.

Both databases are designed to gather

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