Collaborative Risk Management - The future of enterprise risk management (ERM)
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 not fully aware of the risks they were facing, some even failed to understand what CDOs were. Many financial institutions have been disillusioned by the failure of previous projects to reduce risk but it is not something that can be ignored. The impact of regulation has taken centre stage post-crash and FI plans are now based around
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