Worldwide market volatility is prompting nervous flashbacks for those that suffered at the hands of the Asian financial crisis of 1997. With Peregrine Investment Holdings a prime example of business failure due to bad risk management becoming the focus of media attention again recently, financial institutions particularly are looking at their exposure.
Thats why providers of risk management solutions are finding this is a good time to evangelize and educate financial institutions on the potential for better risk management practices.
For brokers, especially those in the retail market, one of the key areas of potential risk is margin lending. But according to Joey Fan, chief technology officer at Quotepower International, the kind of...
