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FRS and Mantas integrate

BRUSSELS & Herndon, Virginia – Brussels-based FRS and New York-based Mantas announced in early December the integration of two of their operational risk management and compliance products, the Mantas Behavior Detection Monitoring Platform and the FRS RiskResolve software.

The joint initiative allows for a financial services firm to self assess and monitor operational risk.

Both companies brought new op risk software products to the market in September 2005. As other firms such as Protiviti and SunGard and OpenPages are rumoured to be developing or expanding solutions, the op risk software industry is growing ever more crowded.

But it seems that supply is just

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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