Intra-day risk management needs clear data, conference hears

Risk decisions and data volume means data needs to be understood across organisations

Effective intra-day risk management relies on every facet of an organisation understanding its data, panellists at the North American Trading Architecture Summit in New York told delegates last week.

Ulku Rowe, managing director of credit risk technology at JP Morgan, told the conference that banks need to put more effort into making their huge and growing flows of data available and comprehensible for everyone who needed it – not just risk or credit analysts.

"Sophisticated PhDs are comfortable