Op risk tech set for shake-up?

TECHNOLOGY

LONDON -- The game of musical chairs among operational risk software and consulting providers is picking up speed. Economic hard times -- banks aren’t spending cash on systems like they used to, and venture capital for tech companies is harder to come by -- is forcing independent operational risk players into the arms of larger companies.

But while the industry is in flux, so too are those who want to purchase op risk software. Clients are having a difficult time choosing an op risk package

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