Zurich IC 2 offers combined op risk service


ZURICH -- Risk management consultants Zurich IC2 launched a combined consulting and software service in May to help financial institutions assess and manage operational risk.

Zurich IC2, a subsidiary of Zurich Financial Services Group, said the service will help banks comply with the reporting requirements of Basle II.

Basle II is the new set of rules on how much capital large international banks will have to set aside to guard against the risks of the banking business from 2004. For the first

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