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Banking Industry Solutions

Risk MIS System

Risk management information systems are designed to overcome the problem of aggregating data across diverse source systems. The design of an information system depends on the risk measurement methodology that a Bank chooses.

Business Challenges

The following challenges are faced by business:

  • To better understand the risks it is taking, any organization including Bank wants to measure them. Risks have to be quantified.
  • To provide better incentives to its business units and to individual employees any organization wants to reward good risk-adjusted performance.
  • To provide its shareholders with a consistent and optimal risk-return tradeoff over time, a firm wants to accurately match the amount of capital it employs with the risks it takes.

Managers expect a risk management information system to provide them with the data they need to meet the above three business needs.