Too Little, Too Late For Allfirst
SPECIAL REPORT
LONDON--John Rusnak of Allfirst, the Baltimore, Md.-based branch of Allied Irish Banks that lost millions in FX trading, had talked to at least two vendors for risk management and trading technology but failed to sign for any of them.
"Rogue" trader Rusnak examined two foreign exchange risk management systems on behalf of Allfirst Financial in 2000 --just six months before he allegedly started falsifying forex trades.
In both cases, the vendors--New York-based Derivatech, which sells portfolio
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com