Financial Risk Management’s Biggest Challenges
March 20th, 2007Discussions I have held over the past year lead me to the following list of the biggest challenges facing financial risk management for the next several years:
1. Assuring that risk systems keep pace with the accelerating growth in volume, innovation and complexity in the front office.
2. Supporting a portfolio view of risk (both strategically and tactically.)
3. Defining and assessing the impact of potential stress events for both market risk and credit risk.
4. Harnessing the emerging potential of parallel processing via grid computing technology.
I am curious what other challenges you expect and how they feel these compare to the four I have listed.