Technology
The sheer pace of risk management business development, notably in the exotics and hybrids arena, coupled with a seemingly endless stream of new regulatory requirements, has kept technology vendors and in-house technology teams struggling to stay ahead this year.
Dealers and other financial institutions have strained to cope with the increasingly onerous supervisory requirements set out under Basel II, FAS 133/IAS 39, Sarbanes-Oxley and the European Union's Markets in Financial Instruments. But as the results of Risk's second technology survey – which received 448 valid replies this year – demonstrate (see pages 26–39), there are a number of
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