According to Money Management Executive,"Managing risk now means a lot more, operationally, than just watching out for mistakes in the middle and back offices, in mismatching details of transactions."
"Which means effective risk management has to go beyond systems to manage all of these individually critical and complex concerns, said Michael Fay, a principal with Deloitte & Touche at the NICSA Risk Management Seminar in Boston."
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Enterprise Risk Management practitioner
Hollywood-Fort Lauderdale FL