risk management tool to be distributed through Ernst & Young Product Sales LLC, a division of Ernst & Young LLP.
The software, Horizon, is used to evaluate daily processes and controls, and organize results to identify weaknesses in daily operations by line of business.
Horizon is already used within J.P. Morgan. Peter Miller, chief information officer at the investment banking company, said it made sense to offer Horizon) more broadly "because good risk management benefits everyone."
Horizon "bridges business-line and internal audit needs," said Carmine DiSibio, a partner in Ernst & Young's New York-based risk management practice.