Collaborative Risk Management 2012

The future of the financial industry is inextricably bound together with the future of risk management. The financial crisis exposed the fact that many firms were either unaware of the risks they faced or simply failed to understand them. However, while it is clear that risk management practices need to change and need to be improved; many firms cannot see clearly how this should happen.

In part, this is because of the failure of previous risk management projects to deal adequately with the

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