Abdul R
Chandler, AZ (USA)
Role(s):
Rho3 Corp.
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Startup
Location:
Chandler
Industry:
Banking
Year Founded:
2005
Number Employees:
INVALID
Description:
Rho3 Corp is a start-up with an available late-stage model for the Basel 2 initiative that banks will be ready to adopt starting 2009. While the Fed has had numerous debates and changes to the regulation, Rho3 has kept up to speed with most of the changes. We're currently three experienced analysts, two driving the business requirements and specifications and one driving the product implementation. All efforts are hands-on and productive. The model meets all the industry requirements for advanced tools, usability and functionality. Rho3 is looking to serve the $1-$5 billion assets banks in its initial stages, while continuing to upgrade the model to have the complete suite of analytics required to manage bigger banks. The market is lucrative, with several banks signing multi-million dollar