In the wake of the collapse of Barings Bank and the more recent rogue trading at Allied Irish Bank’s American subsidiary, regulators and banks are tightening risk-management rules. This environment is ideal for ePulse, whose software monitors all the trading systems in a bank and alerts senior managers if there is a risk of catastrophe. Karim Bhatia founded ePulse in 1998, with David Gooding and Barry Patel. Between them the trio claim to have more than 50 years of financial IT experience. The company’s sales have grown 82% a year from £322,000 in 1999 to £1.1m in 2001.
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