RiskTech Wins Three New Contracts

Originally published 10 July 2008

RiskTech, a Hexaware subsidiary and a provider of enterprise risk management and risk technology services, recently announced a number of key achievements.

RiskTech has won three new consulting and implementation contracts in UK and Middle-East.

The two UK contracts are with tier 1 banks. The first being in the area of operational risk and represents a commitment of over $1m USD by the bank to define and implement a leading operational risk solution. The second contract is in the area of credit risk management and Basel II technology and includes off-shore support.

The Middle-East contract is in the area of credit scoring. RiskTech is leading the definition, design and project management for a leading bank in Saudi Arabia.

In addition to the recent wins, RiskTech’s Center of Excellence in India has launched a number of intellectual property driven solutions in the area of credit risk and operational risk.

This BeyeNETWORK news item contains information from a recent press release by the company mentioned.

SOURCE: RiskTech Wins Three New Contracts