The Future of Financial Risk Management
Charles S. Tapiero
NYU Polytechnic School of Engineering - Department of Finance and Risk Engineering
March 1, 2010
Third Annual Conference of the Cass-Capco Institute Paper Series on Risk, London, April 19, 2010
The financial crisis of 2008 has revealed what we all know: That liquidity matters very much; That the future may be unpredictable; That non-transparency, complexity and ambiguity have conjured with greed to induce “Management’s Risks” as being able to derail financial sustainability and That financial models are not efficient. These revelations have increased our awareness that our financial expectations can and do falter. This renewed awareness may alter the financial regulatory environment, financial markets in general, our financial attitudes and beliefs and by extension, the future of financial risk management. In light of these events, the purpose of this paper-presentation is to assess the future of financial risk management and point out to essential concerns that may be relevant in meeting the challenges of a financial world increasingly in turmoil.
Number of Pages in PDF File: 20
Date posted: March 4, 2010
© 2015 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo3 in 0.250 seconds