InteDelta: A Survey of Data Management for Risk Management
No area of banking has been so transformed in recent years as risk management. The pace of change that started with Basel II accelerated after the 2008 financial crisis with a plethora of new regulations that have revolutionised the way business is conducted and risk is managed. This regulatory-inspired change shows no signs of slowing.
In many ways, risk management is the most data-hungry area of banking, and the industry’s management of data has had to adapt swiftly to a fast-changing
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