For buy-side financial institutions, choosing a risk solution that can deal with the myriad risk, regulatory and market challenges in a volatile financial environment boils down to a single word: confidence. Are you confident in the data underlying your risk numbers?
If you are to maintain and attract clients, your clients must have confidence in your decision making. Your portfolio managers, in turn, must have confidence in the risk systems they use to make critical decisions. They must also be able to rely on the consistency and quality of the data input that makes possible the analytics supplying the foundation for such decisions. Unreliable data produces unreliable analytics, making truly risk-informed decision-making impossible – thereby undermining clients’ confidence and threatening the profitability and growth of your business.