SIFMA Members Lose Confidence in Risk Capabilities

susan-duncan-ibm
Suzanne Duncan of IBM

A declining number, falling below 5 percent, of Sifma member firms, now say they are comfortable with their risk management capabilities, according to an updated survey of 240 Wall Street participants conducted by IBM, issued at the Sifma Financial Services Technology Expo 2010.

The percentage had been 5 percent before the financial crisis of 2008 and has dropped below 1 percent in the most recent update, says Suzanne Duncan, industry leader, financial markets, at the IBM Institute for Business

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