Exchange Ideas

New Frontiers in Risk Management & Compliance

This blog will discuss the latest developments & spot futuristic trends that would impact the Risk Mgmt practices and skills.

 

Main | SEC Announces AML Compliance tool to assist Broker Dealer Industry »

April 12, 2007

10 Risk Frontiers ideas seeking thought leadership !

Risk Mgmt & Compliance developments and practices continue to evolve so dramatically each day!

Sleepless in Seattle, I start this blog to share, discuss and most importantly learn about the new Frontiers in Risk & Compliance - both current & futuristic trends with signficant impact on the Risk Mgmt & Compliance practices & profession.

My future observations would focus on the following 10 Risk frontiers:

1. Risk Visualization
2. Next Generation Risk & Compliance Architectures
3. Risk Pricing Clusters
4. Risk & Compliance Taxonomy
5. Pan Regional Risk Data Grids
6. Digital Assets Mgmt
7. Cross Industry Risk mgmt practices
8. Incubating Centers of Risk Mgmt Excellence & practices
9. Risk Management Career Options
10. Embedding Risk Mgmt & Compliance in an organisational DNA

Posted by spachava at April 12, 2007 07:49 PM

Comments

Risk visualization: Sometimes I find techniques from Spase Matixes to be quite helpful. Any expereince in this field?

Reza

Posted by: Reza Simchi at April 26, 2007 09:10 PM


Just to clarify whether your points 1,2 and 8 would include standardisation of approach, reporting and conclusions wherever possible in similar industries. That is the standardisation of structured reporting etc which will allow the common reporting, conclusions and comparisons to non risk professionals?

thanks

Posted by: David at April 30, 2007 11:45 AM

Excellent focus and clarity of thought,Sai!Eagerly await your future writings!

Regards
Satchidanand

Posted by: sssatchidananda at May 4, 2007 07:09 AM

What can I do with PRMIA online?