Released on = July 8, 2007, 9:31 pm

Press Release Author = Bharat Book Bureau

Industry = Financial

Press Release Summary = This book provides you with both the functional and process
background to accomplish this, as well as an experienced practitioner's view on
overcoming implementation challenges.

Press Release Body = Based on primary research demonstrating real-world 'tricks of
the trade', this is a working manual geared for risk practitioners to implement an
effective risk architecture. It clearly shows how systems have been implemented in
practice, where things have gone wrong and where successes have been achieved

Summary

It is increasingly difficult to measure and manage financial risks without some
degree of automation and systems support. Companies are now demanding an 'engine' to
determine and report true risk exposure that also has the ability to access,
integrate, cleanse, store, and analyse the large amounts of data needed to do this..
In addition, regulatory requirements such as Sarbanes-Oxley and Basel II point
towards systems as key to managing risks in a consistent, traceable manner.
Consequently, spending on risk technology is significant and growing.

Nevertheless, many risk technology implementations fail to some degree. This failure
is not simply down to a lack of risk methodologies or an absence of robust risk
systems solutions, but tends to be due to implementation issues.

The expertise, background, tools and methods needed to successfully implement a risk
architecture are different to those required to deploy other financial systems such
as accounting packages. This book provides you with both the functional and process
background to accomplish this, as well as an experienced practitioner's view on
overcoming implementation challenges.

The author's extensive contacts with major risk solutions vendors, users, and
consultancies are leveraged to present the leading concepts and trends in risk
architecture. Finally, the author does not ignore the people side of risk
architecture, using his experience with hiring and managing project teams to
describe the 'right' type of people needed in the various stages of a risk
architecture rollout programme

For more information, Please visit : http://www.bharatbook.com/detail.asp?id

Web Site = http://www.bharatbook.com

Contact Details = Bharat Book Bureau is the exclusive distributors for Economist
Intelligence Unit (EIU), Euromoney for the SAARC region (India, Nepal, Srilanka,
Pakistan, Bangladesh, Bhutan, and Maldives). Besides EIU we also distribute
Euromonitor, Datamonitor ,Aroq, Informa including Lloyds (LLP),Risk books,
Douglas-Westwood ,Bankers Almanac, Sweet & Maxwell, Asia Law & Practice (ALP),
Automotive World, InterRegs (International Regulations Standards for Automotive
Industry),Woodhead ,Supplier Business , Asiamoney, Financial Times (FT), Risk &
Insurance Research Group (RIRG), Business Monitor International (BMI), International
Financial Review (IFR), Petroleum Economist etc.