Credit Risk Management Systems 'Not Yet Mature' Says Meridien Report
GLOBAL credit limit management systems are not yet mature and have yet to meet industry needs, according to a new report compiled by Needham, Massachusetts-based Meridien Research.
Deborah Williams, research director at Meridien's risk management services group, says this lack of systems competence is most pronounced in the area of counterparty credit risk management.
She says there is a pressing need for an industry standard global framework that covers both global counterparty exposures and
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