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Risk Management Systems: Process, Technology and Trends

Risk Management Systems: Process, Technology and Trends

Paperback

Series: Finance and Capital Markets

Business GeneralInvesting & Finance

ISBN10: 134951263X
ISBN13: 9781349512638
Publisher: Palgrave MacMillan
Published: Jan 1 2004
Pages: 301
Weight: 0.89
Height: 0.71 Width: 5.50 Depth: 8.50
Language: English
Gorrod examines the many challenges for the next generation risk management system. Dramatic changes in market conditions, budgetary constraints, the evolving nature of risk within the financial organization, as well as the requirements of increasing regulation in the global market place have resulted in a totally different environment for risk systems. These applications must be functionally richer, have greater performance, provide seamless and improved integration, as well as being quick to deploy and cheaper to deliver and support. Recent advances in technology have provided a number of tools to help the risk technologist. This book summarizes these new trends and also arms the reader with the knowledge, tools and approaches required to survive in this new environment. Covering the requirements of the trader and risk manager, to how to decide whether and how to out-source or develop in-house, this book acts as the handbook for risk technologists to survive these challenges.

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Business General