Operational risk

- Algo OpVaR capital modeling allows clients to effectively measure and manage operational risk

Algorithmics, the leading provider of risk solutions, today announced that it has been awarded a patent for its operational risk capital modeling framework. The patent recognizes Algorithmics’ investment in its operational risk solutions at a time when operational risk management is receiving considerable regulatory attention.

The Basel Committee on Banking Supervision today issued for consultation two papers on operational risk: Sound Practices for the Management and Supervision of Operational Risk and Operational Risk - Supervisory Guidelines for the Advanced Measurement Approaches.

ADEPT automates the processing and validation of OTC counterparty data and fund data.

ValueLink is delighted to confirm the full integration of their ADEPT (Automated Data Extraction Processing Tool) development into both their PriceValidation and CounterpartyCollection services. ADEPT is a bespoke solution to the myriad of data sets that are required in the market data arena but are only provided as an embedded document attached to an e mail or from a website.