Business boom at Fitch

Measurement advances

"SunTrust Bank has developed a comprehensive framework to manage and measure its operational risk," said Ted Hoepner, chief risk officer for SunTrust. "We are very excited to be implementing the OpVar software suite and external data to assist us with our firm-wide operational risk strategy. The tools will provide us with a foundation for our approach to managing operational risk, but allow the flexibility we desire in implementing a customised program."

In another deal, announced in late May

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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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