ABOUT THE BOOK

The book is about how Enterprise Risk Management (ERM) is evolving in the financial services industry. Key risk management issues facing financial service firms includes: Risk Governance, Regulatory and Economic Capital, Credit Risk Management, Market Risk and Asset/Liability Management, Operational Risk Management, Risk Systems and Technology. ERM is being used by financial institutions seeking better decision-making, greater shareholder value, and stronger internal controls. ERM can simultaneously improve a company's financial performance, manage its risk profile and provide better risk disclosures to boards, shareholders, regulators, and rating agencies. This first part of the book covers conceptual issues. The second illustrates these concepts, using case studies on well known financial institutions.