Getting Smarter About Serving Risk Management Needs

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

marc-alvarez-interactivedata
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