BNY Mellon Expands Scope of Risk Platform
Firm plans to add credit and market risk data
BNY Mellon plans to move its conventional credit and market risk data to a newer platform that it began using last year to measure its balance sheet on an intra-day basis, according to Jim Wiener, chief risk officer and senior executive vice president at the firm. Wiener was speaking at the "Smarter Risk Summit NYC" on February 9, an event sponsored by IBM and Risk.net, the sister website of WatersTechnology.com.
"Beyond the flexibility and integration we get out of the platform, we also get
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