Northern Trust selects Fitch Risk operational risk software

By the end of June, Northern Trust had assets under administration of $2.3 trillion and assets under management of $527 billion. Stephen Schoeneman, head of Northern Trust’s corporate operational risk group, said: “We are confident this will provide our business managers with a risk management tool set that will provide value-added information”.

Fitch Risk provides risk technologies and risk advisory services. OpVantage is its operational risk arm. It is an affiliate of Fitch Ratings and a subsidiary of Paris-based Fimalac, a business support services group.

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Next-generation technologies and the future of trading

At a webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

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