Identrus Tackles Wholesale Banking e-Risk


LONDON--Identrus, formed this fall by Barclays, Chase Manhattan, HSBC and Industrial Bank to customize retail Internet security technology for the wholesale finance markets, has begun beta-tests of its system. The initiative is aimed at addressing security issues posed by the Internet, specifically relating to identification of counterparties and how to guarantee liability.

Identrus's mandate is to create a technology and legal infrastructure that will provide the trust necessary for offering

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