Advances of Risk Management from SunGard and IAFE

[Andy Nguyen]

Some senior fellows and members of the board of directors of the International Association of Financial Engineers (IAFE) have published a talking points paper around the issues surrounding the stability of the financial engineering community and what needs to be done to control the complexity of financial risk management.

Their views are interesting, although they fail to grapple with some of the key aspects of complexity and risk, defending complexity, as you might expect, with no effort to demonstrate that it provides value beyond the financial services industry.

Article here Technology Finance

PDF here http://iafe.org/html/documents/CMIB_IAFE_Paper.pdf

 

[dstefan]

Very interesting article, thank you, Andy.

 

[bob]

Sort of an odd document. I think the individual responses in full, while less well suited to Wall Street attention spans and political realities, might make for a more interesting read.