Hi all!!!
could anybody help me on where(books or websites) to find infos about the topics below....
The complexity of risk management is such that it depends on two important factors - data and models - the vastness of data and complexity of models for credit,market and operational risk - need for technology based solutions.
Three levels of use of technology - core banking activities ( at the lowest level) using oltp applications - decision making activities (at the topmost level) using data warehouses and olap tools - risk managment activities (at the risk managment level) using risk management software - the first one would be mostly automated - the second provides analytical tools for decision making - the third helps in providing all parameters and alternatives to help in choosing a decision - giving still scope for human judgement.
we had been trying 4 a long time but didnt get any info related to the topics mentioned..so plzz do help if you get to know anything abt any of these topics..it will be of great help to us..