RiskMetrics Group has as added new features to its CreditManager solution that it says helps quantify overall credit risks, in the first in a series of scheduled product enhancements that extend the boundaries of credit risk software.

Business Objects, an SAP division, has announced a major upgrade to its flagship business intelligence (BI) platform that moves BI from the purview of a select group of managers to a global audience of employees, suppliers and customers.

Exelon, the Chicago-based, $15.6 billion electric utility, has promoted corporate controller Matthew F. Hilzinger to senior vice president and CFO. Hilzinger, 44, succeeds John Young, who has accepted the CEO position with Energy Futures Holdings (formerly TXU). Hilzinger has served as controller since joining Exelon in 2002. Prior to Energy...

While nearly two-thirds of 390 C-suite and board-level executives in 90 countries interviewed by PricewaterhouseCoopers LLP acknowledged having witnessed evidence of some form of corruption on their watch, only 22% expressed confidence that the risk management programs that their companies have in place are effective when it comes to identifying...

Compliance Spectrum is moving into the financial reporting arena by adding a risk component and real-time reporting functions to its Spectra automated compliance solution.

Sprint Nextel, the $41 billion provider of wireless and wireline communications services, with headquarters based in Reston, Va., named senior vice president and controller, William G. Arendt, acting CFO Arendt, 50, replaces Paul Saleh, who left the company January 25.

Oversight Systems Inc. is upgrading its continuous monitoring and auditing technology to make it even easier to spot innocent errors and premeditated fraud.

Most CFOs want to abolish quarterly guidance pronouncements, according to a recent survey. That's not surprising since most companies can't even get their annual in-house forecasts right.