Risk Management Data and Information for Improved Insight
Handbook of Financial Data and Risk Information, Volume I, M. Brose, M. Flood, D. Krishna and W. Nichols, eds., Cambridge University Press, 2014
61 Pages Posted: 1 Jan 2013 Last revised: 11 Jan 2016
Date Written: December 28, 2012
We provide an introduction and overview to the field of risk management for interested non-specialists, with a particular focus on the data and information requirements. Data for risk management come in many forms, and the applications of risk information for managing credit, market, operational, and liquidity risk are diverse. After an introductory overview of risk, uncertainty, and information, we survey the basic data and measurement issues in the context of some specific combinations of risk types and asset classes. The survey includes detailed recommendations for further reading on particular topics.
Keywords: Data, information, risk, uncertainty, risk management, risk measurement, market risk, credit risk, operational risk, liquidity risk
JEL Classification: D8, G1, G2
Suggested Citation: Suggested Citation