Data Trend-Tracking Key for Risk Initiatives to Succeed
London - Data consistency and quality are essential to achieve successful risk-related implementations, enabling firms to monitor trends, according to speakers at the Global Association of Risk Professionals (Garp) chapter meeting held in London in May.
Being able to track the data will allow firms to understand possible anomalies that may take place down the chain, as well as justifying decisions. "If you get an anomaly, you need to be able to explain it. The way you do so is by looking back and
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