Risk managers have been falling behind, forum hears

Paul Taylor at Morgan Crucible

Risk managers haven't evolved at the same rate as the risks they have faced from the outside world in the past 10 years, according to speakers and delegates at the Federation of European Risk Management Associations (Ferma) forum in Stockholm.

"We have been muddling on," says Arnout van der Veer, chief risk officer at data provider Reed Elsevier. "We're changing but fairly gradually. We need to accelerate and get up to the next level pretty quickly."

Paul Taylor, president of the London-based

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