CSK Launches Operational Risk Application

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CSK Software has released a new software package designed to support operational risk management at global financial institutions. The system, dubbed Pacemaker, is the result of a joint venture between CSK and Price Waterhouse and was unveiled last week in London.

Jerry Goldman, chief operating officer for CSK, says two institutions are currently beta testing Pacemaker. Goldman declines to name the pilot sites, though he describes them as "two very large and prestigious European investment banks"

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