Getting Smarter About Serving Risk Management Needs

Risk modeling, separation of finance and risk departments become concerns for risk data management

Marc Alvarez, chief data officer, Mizuho Securities

Smarter risk management depends on smarter risk data management and can be achieved by using concepts such as Risk data as a Service (RaaS)—or just Data as a Service (DaaS)—along with risk modeling, a better grasp of relevant quantitative data, and bridging gaps between finance data and risk data within companies, according to data management and modeling executives from several investment firms.

"We see a need for DaaS," said Jennifer Agnes, who recently began a role as managing director, data