RBC to Take Sophis' Risque Global

OPERATIONS AND STP

NEW YORK—In approximately six to eight months from now, the Royal Bank of Canada Financial Group (RBC) will begin a phased implementation of a cross-asset portfolio and risk management solution, Risque, from software vendor Sophis, for its New York, London and Tokyo branches, confirm RBC officials.

Once begun, the deployments should be finished in 18 to 24 months, bank officials say.

The Risque deployment is intended to lead to a data flow consistency across the firm's reference, security and

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