Credit crisis causes reappraisal of firm-wide risk management
Sep 22nd, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Senior managers in financial services firms are reassessing their risk management processes as a result of failures highlighted by the ongoing credit crisis. This is leading to a greater emphasis on enterprise risk management (ERM) or firm-wide risk management, according to The bigger picture: Enterprise risk management in financial services organisations, a newly-released Economist Intelligence Unit survey and report, sponsored by SAS.