How to be top of the class

- By Risk Staff
- 01 Aug 2003

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How do other companies approach the risk management function? How do they measure risk? How do they control risk? Such questions are difficult for a firm to answer. While it would be impossible to thoroughly describe every potential risk management method in a short article, we can specify messages that are typical of certain levels of market risk management sophistication.

The first step is to separate the risk management function into three areas: exposure measurement, which

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