Cats Software Inc. has created Cats Consulting to help install enterprise risk management systems.

The new arm offers global implementation and optimization support to users of Carma, Cats' risk management technology, as well as to systems integrators.

The group's first project was an on-site test of Carma at Bank of Montreal. The bank has since licensed the technology.

Cats Consulting will be managed by Finn Christensen and Malcolm Wayne.

Cats Software has more than 70 clients, including more than one-third of the world's 50 largest commercial banks.

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