Risk management has become a real-time task, according to 250 asset managers, hedge funds, banks and brokerages surveyed at last month’s Securities Industry and Financial Management Association technology conference in New York.In results released Monday of a survey on how risk management has changed in the wake of the credit crisis that began last year:
The survey was conducted by Aleri, a provider of complex-event processing and risk monitoring technology.“The market today is moving so quickly; real-time technology is the only way to adequately manage risk in the face of unexpected market events," said Don DeLoach, CEO of Aleri, based in Chicago.This article can also be found at SecuritiesIndustry.com.
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