Modelling to speed up: RMS
RMS is working on a new software platform for launch in 2014
that it says will enable much quicker risk updates than the current
system, which normally takes 5-6 years to complete a major
scientific revision.
RMS head of research Robert Muir-Wood said the firm would not
necessarily change its benchmark view of risk more often on the new
platform. However, it would be easier to update the benchmark more
quickly if significant new information became available after a
major...
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