Standard Chartered Bank Rolls Out Global Risk Systems Infrastructure
LONDON--Standard Chartered Bank is installing a new risk management systems infrastructure based on a distributed database software from Informix. The project forms part of a £15 million drive to re-engineer StanChart's global trading and risk management systems. Bank officials add that StanChart will be installing the RiskWatch global risk analysis application from Toronto-based Algorithmics.
Carl Ricketts, StanChart's head of information technology infrastructure, says StanChart is currently in
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