RAPM use spreads, despite doubts
Risk-adjusted performance measurement (RAPM) techniques are spreading rapidly across the risk management industry, but many still doubt how reliable the results are, according to an industry survey.
A survey of 240 risk managers by the Professional Risk Managers' International Association and Pennsylvania software provider SunGard found that 44% already use RAPM, and another 45% plan to within the next three years.
Uncertainty
However, uncertainty remains over the quality of the assessments being
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