Chase Manhattan Deploys Historical Simulation VAR
CHASE Manhattan Bank has gone live with a new internal value-at-risk system based on historical simulation methods.
The bank also has started offering the third generation of its Charisma risk management service to its institutional clients. Charisma is a scaled down version of Chase's internal risk system, say bank officials.
Chase is pushing Charisma as an alternative to JP Morgan's Riskmetrics
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