Fitch upgrades OpVar tool for operational risk

OpVar is the flagship product of OpVantage, a division of Fitch Risk Management. The OpVar software suite allows end-users to collect operational risk data, analyse loss probabilities, scale these losses to their firm and determine operational risk profiles, including operational capital-at-risk.

The new version includes a web-enabled data collection module that enters events into the database. The module notifies, reviews and approves all captured credit events and tracks all historical

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