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Risk Management Systems: Technology Trends (Finance and Capital Markets)
 
 
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Risk Management Systems: Technology Trends (Finance and Capital Markets) [Hardcover]

Martin Gorrod (Author)


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Book Description

1403916179 978-1403916174 March 4, 2004
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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About the Author

Martin Gorrod is Senior Business Consultant at Iris Financial Systems in London, UK.

Product Details

  • Hardcover: 272 pages
  • Publisher: Palgrave Macmillan (March 4, 2004)
  • Language: English
  • ISBN-10: 1403916179
  • ISBN-13: 978-1403916174
  • Product Dimensions: 9.4 x 6.2 x 0.8 inches
  • Shipping Weight: 1.3 pounds
  • Amazon Best Sellers Rank: #4,965,807 in Books (See Top 100 in Books)

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Inside This Book (learn more)
First Sentence:
In the current volatile markets at the beginning of the new millennium, where newspaper headlines inform us how much money has been wiped off the stock market in a bad day or lost in the bankruptcy of a company, risk management is a key phrase. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
aggregate risk profile, silo applications, snapshot release, risk hierarchy, source code control system, risk management solution, requirements gathering process, risk aggregation, software development lifecycle, risk metrics, operational risk, risk management information, pricing variables, business functionality
Key Phrases - Capitalized Phrases (CAPs): (learn more)
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