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HSBC goes live with IT&e’s RazorTM Risk Management Solution

IT&e Limited ("IT&e") announced today that it has successfully implemented and gone live with IT&e’s Razor risk management solution for HSBC to monitor specific areas of credit, market and liquidity risk.

HSBC, one of the world’s largest financial institutions, selected IT&e’s Razor product after an extensive evaluation of global risk management software vendors. IT&e’s professional services team were engaged by HSBC to successfully implement Razor within an aggressive six month implementation schedule.

Shane Lamont, HSBC, says: "IT&e’s Razor solution provides a platform with the functional depth, performance and accuracy required to meet our business requirements."

The HSBC Razor implementation proves IT&e’s ability to successfully deliver and support risk management solutions in the EMEA – Europe, Middle East and Africa region to Tier One global organizations.

IT&e is now well positioned to further penetrate the region as part of IT&e’s international expansion strategy based on the success of the HSBC Razor implementation.