Why Are Risk System Implementations For Asset Managers so Difficult?

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Ah, the perils as an enterprise risk system implementation: missed deadlines, incomplete results, chronically dissatisfied users and sticker shock over the cost of implementation are repeat themes. These problems occur in banks and securities firms; they follow their own predictable pattern in asset management firms as well. There are some very good reasons behind this stress. The problems noted below are common for asset management complexes with a range of asset classes and a wide

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