i-flex to Acquire Capco's Operational Risk Product
Capco and i-flex solutions have announced an alliance for operational risk thought leadership, consulting, and product development. Following the agreement i-flex will acquire the intellectual property rights for Capco’s Operational Risk Tool Suite – Ortos – and i-flex plans a two-pronged approach for its use. It will merge the modular tool with its Reveleus Risk Analytics to create a complete Enterprise Risk Management suite. i-flex will continue to sell and implement Ortos independently and Capco will serve as its reseller and distributor through its global sales network. The agreement also means that Capco will be i-flex’s preferred operational risk consultancy partner. Capco and i-flex Consulting will collaborate to offer consulting in operational risk strategy, product selection, implementation and process advisory services.