ann out, page-9

The latest announcement from ANZ:

http://business.theage.com.au/business/100m-risk-system-for-anz-20080911-4er5.html

has potentially big ramifications for ITE.

ANZ have used ITE risk management products for a long time now, and as I posted many months ago, internally the staff were not happy with the system.

The announcement from ANZ has 3 possibilities:
1) They are going to continue with Razor, but significantly upgrade the system
2) Scale back reliance on Razor and purchase an alternative/complementary system.
3) Ditch Razor totally.