How Risk Management is Evolving for Financial Institutions→

In financial services, risk management involves identifying, assessing, and prioritizing risks followed by the application of resources to minimize, control, and monitor the probability or impact of unforeseen events. In this article, we explore the latest innovations in risk management for financial services and their impact on the industry. We examine key challenges faced by hedge funds and investment firms in traditional risk management, and provide recommendations as to how they can embrace technology to enhance their risk management practices moving forward.