Sanwa Bank Licensed For RiskOps Software


Greenwich, Connecticut -- Risk management software company NetRisk in April licensed its RiskOps product -- which measures and manages firm-wide op risk -- to Sanwa Bank of Japan.

NetRisk says the deal brings the number of RiskOps installations to sixteen.

Sanwa Bank is a subsidiary of financial services group UFJ Holdings, which comprises Sanwa, Tokai Bank and Toyo Trust. NetRisk says Sanwa plans to use the RiskOps software throughout its global network to evaluate firm-wide operational hazards

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