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Bank Austria Creditanstalt Licenses Fitch Risk’s OpVantage First Database for Operational Risk

1 January 2004
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Bank Austria Creditanstalt has subscribed to Fitch Risk’s OpVantage financial institutions risk scenario (First) trend database. First contains 4,500 case studies of operational risk loss events. It is aimed to helping financial services firms to determine and manage their exposures. BCCA plans to use First in its self-assessment process for operational risk. Fitch Risk is an independent affiliate of Fitch Ratings, and a wholly owned subsidiary of Fimalac, a Paris-based business services group.

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Related content

WEBINAR

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ExchangeTech Summit London

A-Team Group, organisers of the TradingTech Summits, are pleased to announce the inaugural ExchangeTech Summit London on May 14th 2026. This dedicated forum brings together operators of exchanges, alternative execution venues and digital asset platforms with the ecosystem of vendors driving the future of matching engines, surveillance and market access.

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TradingTech Insight
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Tackling the Data Management Challenges of FATCA

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28 April 2014
Data Management Insight