Special Supplement: Risk Management - Four Pillars Of Support - As The World Of Banking Changes, Risk Management Must Keep Pace, And Research And Risk Analysis Are Becoming Increasingly Important And Complex. Heather McKenzie Reports On Moody's Approach T.

A number of financial institutions have made progress in the risk management area but there is still a lot of work to do, according to Dr Alessandra Mongiardino, vice-president, senior credit officer and risk management specialist at Moody's Investors Service in London.

"The bank world is changing: 10 years ago, structured credit products were in their infancy but now they are an established set of financial instruments," she says. "It is important that as the bank world changes, risk management changes with it."

Credit rating agency Moody's ratings, research and risk analysis tracks debt covering more than 100 sovereign nations, 12,000 corporate issuers, 29,000 public issuers and 96,000 structured finance...

Read the rest of this article with a Free Trial at HighBeam Research.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works.