New service from two old hands
London – Two well-known operational risk experts have set up a new consultancy service, Enterprise Risk Advisory & Consultancy, based in London.
The new firm has been founded by Philip Martin and Victor Dowd. Martin was a former managing director of HSBC Operational Risk Consultancy, which is a division of HSBC Insurance brokers. He left the firm in late November 2004 after what he termed a "difference in views in strategic vision", although he said it was an "amicable parting of the ways". The HSBC group had been working on a new operational risk software product in 2004, but the tool has never come to market.
Dowd worked for the UK's
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