Risk.net

Vincent Annunziata

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Phibro’s problem was that too many people were employed in laborious functions such as trade reconciliation, positioning and accounting, so the company took action before operational risk glitches could do any damage.

“ I was asked to work on building a system that would bring together all the functions of a diverse trading operation, streamlining front-, middle- and back-office functions,” Annunziata says. And he liked the results so much that he bought the rights to the technology h

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