Prudential continues with Horizon software

MEASUREMENT ADVANCES

The move by JP Morgan – allegedly made because president and chief operating officer James Dimon decided that the product was not within the range of offerings the firm considered to be "core competencies" – angered many in the industry that had specifically selected the product because the JP Morgan Chase name was behind it. One Europe-based operational risk executive says: "This incident has done nothing at all for the concerns that potential clients of operational risk software packages have

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Investment banks: the future of risk control

This Risk.net survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

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