TECHNOLOGY

TECHNOLOGY

Bank of Montreal (BMo) has gone live with a new risk management system developed by Palo Alto, California-based Cats Software. Bank officials say they are using Cats' Carma risk engine to calculate VAR across a range of foreign exchange products.

Graham Pugh, director of quantitative risk management at BMo, says the bank chose Cats because the vendor was offering a "more integrated risk management application" than its competitors.

Carma is now being used at BMo's Toronto headquarters to gen

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: