Wachovia picks Centerprise for Operational Risk Management

Wachovia will implement the Enterprise OpRiskCenter System “across all its lines of business, addressing different aspects of operational risk, including loss events, risk assessment, key indicators, issue- and action-plan management and risk profiles.”

The Enterprise OpRiskCenter System is expected to strengthen the bank's ability to capture, communicate and manage operational risk data, and support the corporate governance initiative.

Reto Tuffli, CEO of Centerprise Services, a New York

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