Brady's Simister Warns Of More Bank Losses

Despite much publicised losses among various financial institutions, many have yet to give risk management a high priority, according to Graham Simister, a director of Cambridge-based financial software vendor Brady plc.

Simister's warning was made last month at the London launch of Brady's new trading and risk management application suite, dubbed Trinity.

Financial and corporate institutions have lost a billion dollars or more on at least 10 occasions in the last four years, he claims.


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