Sign up today and take advantage of member-only content — the kind of timely, cutting edge industry insight that only Money Management Executive can deliver.
  • Exclusive Online Only Content
  • Free Daily Email News Alerts
  • Asset Management Blogs

Fidelity and Deposit Introduces Risk Management Service

The Fidelity and Deposit Companies (F&D) of Baltimore announced its new E-Risk Protection Program, a new risk management service designed to help financial service firms reduce risk related to online business activities.

The product combines insurance and other risk protection measures like self-insurance and securitization of risk by F&D, with consulting services provided by IBM and other service providers. E-Risk will seek to ensure that businesses are not vulnerable to potential losses from security breaches like network hacking, viruses and electronic theft.