[2009/11/26]

Koscom settled MoU with RiskMetrics Group to build Risk Management System

A leading financial IT solution provider, Koscom announced on November 26 that it contracted MoU with RiskMetrics Group, the global risk management expert, to provide PowerBase subscribers with risk management system in the form of ASP.

RiskMetrics Group is America-based financial risk analysis consulting firm and currently provides risk management solution to 700 financial institutions in 100 countries based on 19 branches throughout the world.

Han Il Sup, Head of Sales Promotion Group of Koscom said, "This MoU will enable Koscom to meet the diverse needs of its clients as PowerBase service will be equipped with reliable and standardized global risk management solution. We expect new demands from mutual savings bank as well." (The End)