Chase To Implement Global Intraday Credit Risk Reporting

CHASE Manhattan Bank plans to revamp its credit risk management operations by switching to an intraday system of global credit limits reporting.

The new global credit reports will be distributed across the bank's global intranet to 500 traders, risk managers and other staff, according to Chase officials.

Martin Weinberg, Chase's vice president of cross-product management information systems, says the credit reports will be generated from raw transaction data by an internally developed credit risk

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