In a provocative yet insightful paper to be delivered to delegates attending the SunGard Industry Seminar on London, May 2nd, it will be argued that one of the biggest challenges facing risk managers is not the complexity or volatility of global markets but the need to simply prove the value of their work to the front office. This is despite the increasing recognition of the importance of risk management and risk analysis for financial institutions.
The paper, entitled ‘Searching Alpha and Avoiding the Abyss: Bringing Risk into the Front Office & Forecasting the next Greece’ will be presented to delegates from all sectors of the investment industry at a seminar organised by SunGard APT, the leading provider of investment technology and solutions.
The paper’s authors, Ian Barnett, head of Front Office Analytics at HSBC, and Dr. Laurence Wormald, from SunGard, argue that the need to clearly demonstrate the value of risk management has never been stronger. As well as this, for its effectiveness to be truly realised, it must come out from the back or middle office and be placed centrally in the front office. They go on to outline ways in which risk could be‘brought in from the cold’ by producing actionable risk insights that could add significant value to the day-to-day work of traders and portfolio managers.
The SunGard Industry Seminar in London on May 2nd will be held at the Andaz Liverpool Street Hotel. Part of a series of global events and seminars entitled‘Capitalizing on Change through Transparency, Efficiency and Networks’ delegates will explore how they can best meet the challenges presented by a wave of new regulations, along with continued growth of emerging markets and the technological revolution, which are all rapidly transforming how the financial services industry operates.
SunGard is one of the world’s leading software and technology services companies. With four businesses, including APT, the company serves approximately 25,000 customers in more than 70 countries. The seminars will be held across the globe, giving practitioners the opportunity to capitalize on change wherever they are based. Similar events featuring high profile speakers and industry experts are already scheduled to be held over the next few months in Paris, Frankfurt, Hong Kong, Singapore, Shanghai, Kuala Lumpur, Sao Paulo and Dubai.
Via EPR Network
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