For further information contact:
ISDA - Milton Bellis,(1 212)332-1202


ISDA PUBLISHES PIONEERING STUDY ON OPERATIONAL RISK

NEW YORK, February 8, 2000 -- The International Swaps and Derivatives Association announced the publication of the pioneering study of operational risk in the global financial services industry that ISDA sponsored with the British Bankers' Association and Robert Morris Associates.

The study, "Operational Risk: The Next Frontier," is the first published report and analysis of rapidly evolving operational risk technology, practice and management. It describes and analyzes detailed responses obtained from more than 50 global financial institutions.

An order form may be obtained by clicking here. The price is $250 for ISDA members, $395 for non-members.