Bankers Plans Automated Audit Trail For Derivatives

Bankers Trust has announced plans to develop an automated system for tracking audit trails on complex financial instruments at its Global Investment Bank (GIB) subsidiary.

The system will be built around a document management application called Mezzanine, developed by U.S.-based software vendor Saros Corporation.

Moreover, Bankers' officials say they hope to expand Mezzanine into an operational risk management tool for use by the whole company - not just its investment banking subsidiary.


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