Posted: 14 January 2013 | Source: Chartis Research
Since 2008, there has been a period of reflection and self-examination among financial institutions. In their efforts to discover what went wrong, the issue of data management for risk has become increasingly important and a higher priority for firms, as they now recognize that without the right data their view of risk will not be accurate. However, many are still unsure as to what they should do to remedy their current inadequacies.