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Article: Risk Tech: Credit Risk Takes Center Stage: Meridien report focuses on vendor functionality.(Credit Risk Systems: Some Reassembly Required)
- Article from:
- Bank Technology News
- Article date:
- October 1, 2002
- Author:
CopyrightCOPYRIGHT 2002 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Meridien report focuses on vendor functionality this is the is the intro for consolidation in the risk technology sector is giving way to better systems, yet silos still exist-something institutions struggle with as they look to button down their risk exposures, particularly in the credit arena. "Credit risk is the most pressing issue facing banks today, at least from a risk management perspective," says Peter Keppler, senior analyst at Meridien Research.
Keppler, author of a new report called "Credit Risk Systems: Some Reassembly Required," says a big regulatory push with Basel II has many institutions sorting out their technology issues in an attempt to ...