O'Reilly logo

An Introduction to Trading in the Financial Markets: Global Markets, Risk, Compliance, and Regulation by R. Tee Williams

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

5

Organization of Risk

In Part 1, we described the way that global entities organize themselves for transnational operations. In no place is that organization more important than the management of risk. Figure 2.5 returns to our four-sector axis for management and processing. Indeed, the method of operation presented in the figure and used elsewhere was developed in a project to define a means of risk management, as defined in the sidebar that follows.

image

Figure 2.5 Market participants organize formally so that they may actively monitor and control potential risks.

Substantially every major commercial and investment bank has a dedicated risk manager ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required