A Top-Down Approach To Global Risk Management; Global Risk Management According To Cornish

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Effective global risk management can't be achieved without radical changes in the way trading organizations manage their position-taking activities, according to Christopher Cornish, managing director of Global Risk Management Ltd. Trading systems integrator Data Logic Ltd. recently announced a joint venture with GRM Ltd. to develop global risk management software.

Cornish, an ex-trader and asset manager, believes that global risk management and portfolio management are virtually synonymous

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