A consolidating market

OPERATIONAL risk software vendors are feeling optimistic. In an ever-evolving industry, they say the worst of the consolidation is now behind them.

"There is still some way to go, and we will see a couple of products just go away and a couple more companies gobbled up, but as we move into next year the shakeout will be over," says Peter Morgan, vice-president of marketing at OpenPages.

What's left, the vendors claim, is a handful of dominant players that firms feel confident purchasing from –

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