publication . Preprint . Article . 1997

Information systems for risk management

Michael S. Gibson;
Open Access
  • Published: 01 Jan 1997
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...
Persistent Identifiers
Subjects
free text keywords: Risk ; Information theory, Risk analysis (engineering), Risk management, business.industry, business, Risk management information systems, Risk analysis (business), IT risk, Computer science, Financial risk management, IT risk management, Factor analysis of information risk, Information system
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