SimCorp, TechMahindra Collaborate on Contingency Service
Technology and services vendors SimCorp and TechMahindra are partnering to develop a service that will help asset managers improve contingency planning by shadowing their service providers and providing critical data if a service provider fails.
The companies are launching the service in response to recommendations from the UK Financial Conduct Authority that asset managers ensure they have robust procedures in place to manage resilience risk.
The shadow operating model of the service will
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