Rewarding Good Management, When Always Confronting Risk

September 2009
Securities Industry News;9/7/2009, Vol. 21 Issue 19, p16
Trade Publication
The article discusses the challenge in creating a reward system for good risk management. A chart on Risk and Reward, from Financial InterGroup Watson Wyatt, is presented which shows the formula for the base calculation and how the benchmark can be applied. Also discussed are companies that track down losses from operational problems such as the Operational Riskdata Exchange Association in Zurich, and Algorithmics in Toronto, Ontario.


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