Algorithmics has launched a credit risk management tool for treasury and capital markets. The ‘Right Time’ risk management tool supports the measurement, analysis and integration of risk and return in the business decision making process. The tool offers financial institutions the ability to measure and manage risk ‘on-demand’ and in a continuous simulation setting, both at the enterprise and at the desk level. Dr Michael Zerbs, president and COO of Algorithmics, said “Turbulent markets have demonstrated that it is essential for financial institutions to proactively measure and manage risk quickly and accurately.”
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