About this document
Credit Crisis Risk Management Insights by Rupak Kumar Mohanty is a document available to read on EtoBox.
Risk management systems rely on position-level information to better capture risks, but they have limitations. The financial crisis highlighted failures in some risk models due to "known unknowns" like model, liquidity, and counterparty risk. It also exposed "unknown unknowns" like unexpected regulatory and market changes. To improve, risk management needs more emphasis on stress tests and scenario analysis using position-level data to identify hidden risks. However, even perfect risk management does not gu
- Author
- Rupak Kumar Mohanty
- Language
- EN