JPMorgan Treasury Services has announced that Bank of China, US Branches, has selected its web-based, enterprise-wide operational risk management solution JPMorgan Horizon.
Bank of China, US Branches will also be engaging JPMorgan Treasury Services as their implementation services advisors. “We concluded that JPMorgan Horizon was the best risk management solution for the Bank of China because of its ease-of-use and its proven success in the market,” explains Kenneth Ge, deputy general manager for the Bank of China, US Branches. “And we felt JPMorgan’s expertise with Horizon, along with their global reputation made them the logical choice to act as our implementation advisors. In addition, we saw tremendous benefit from the ongoing opportunities we will have to share best-practices with other Horizon clients, many of whom are industry leaders in operational risk.”