Turbulent market conditions, burgeoning credit defaults and never-expected catastrophes have left even the best financial institutions gaping in face of reality. The need for an effective enterprise wide risk management system has surfaced more than ever.

“What the respondents are telling us is that there isn’t a suitable holistic risk management system out there.”
                                                                                                        George McFerran, associate director of marketing at S&P in London.


A myopic risk management practice which starts and ends with the measurement of risk is bound for a doom. Measuring risks is just half the story, understanding them and leveraging the same in decision making completes the loop.