During the last 40 years, risk management has evolved tremendously. The technologies and methodologies to measure risks have reached impressive levels of sophistication and complexity. However, the 2007 to 2008 financial crisis clearly demonstrates that substantial improvements in the way financial institutions measure and manage risks are still urgently needed. This chapter provides an analysis and discussion of risk management as well as several proposals on how the financial industry should evolve.
SIMILAR POSTS
Key Credit Risks From the IMF’s Global Financial Stability Report
Lending Into Fragility: Key Risks From the IMF’s Global Financial Stability Report For lenders navigating deteriorating credit conditions, the IMF’s [...]
Revolutionising SME credit risk assessment with Wiserfunding and KUKE partnership
In a groundbreaking move that promises to redefine the landscape of SME credit risk assessment, the partnership between KUKE and [...]
The future of export credit: Leveraging tech & intelligence for better risk assessment
The landscape of export credit, a critical component of global trade, is undergoing a transformative shift. This change is driven [...]