publication . Article . Preprint . 1997

information systems for risk management

Michael S. Gibson;
Open Access
  • Published: 01 Jan 1997 Journal: SSRN Electronic Journal (eissn: 1556-5068, Copyright policy)
  • Publisher: Elsevier BV
Abstract
Risk management information systems are designed to overcome the problem of aggregating data across diverse trading units. The design of an information system depends on the risk measurement methodology that a firm chooses. Inherent in the design of both a risk management information system and a risk measurement methodology is a tradeoff between the accuracy of the resulting measures of risk and the burden of computing them. Technical progress will make this tradeoff more favorable over time, leading firms to implement more accurate methodologies, such as full revaluation of nonlinear positions. The current and likely future improvements in risk management info...
Subjects
free text keywords: Risk ; Information theory, IT risk, Financial risk management, IT risk management, Factor analysis of information risk, Risk management, business.industry, business, Risk management information systems, Computer science, Information system, Risk analysis (business), Risk analysis (engineering)
Related Organizations
Powered by OpenAIRE Open Research Graph
Any information missing or wrong?Report an Issue
publication . Article . Preprint . 1997

information systems for risk management

Michael S. Gibson;