Prevention and stress testing key to risk management

The crisis has highlighted the limitations of so called “all-weather proof” risk models, says Anuj Jain of Innovations Software Technology.

Prevention and stress testing key to risk management

In today’s competitive business environment, banks and financial institutions are striving to improve their risk management methods and tools. At the same time, they must ensure that their systems comply with Basel II and Basel III requirements, which have expanded risk assessment models in elaborate ways.

Anuj Jain, managing director of Innovations Software Technology Asia, discusses the role of risk management and what his company can offer to tackle the challenges facing banks, financial institutions and corporations.

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