The New Data Imperative: Managing Real-Time Risk in Capital Markets - Hardcover

Nathan, Raj; Khan, Irfan; Baskan, Sinan

 
9781935212034: The New Data Imperative: Managing Real-Time Risk in Capital Markets

Synopsis


Effective capital and financial risk management now requires that information flows no longer be handled independently in business unit silos; they must be unified for use in front, middle and back offices and to aid compliance with internal controls and regulatory demands. Drawing on their individual and corporate experience at the leading edge of IT developments, three of Sybase's senior IT executives offer a lucid analysis of IT needs in the rapidly changing capital markets. They show how innovative IT capabilities and architectures can strengthen risk management and establish a foundation for new and sustained capital markets growth.

"synopsis" may belong to another edition of this title.

About the Author

Dr. Raj Nathan

As senior vice president for worldwide marketing and business solutions operations and the company's chief marketing officer, Dr. Raj Nathan is responsible for all marketing initiatives for Sybase and its subsidiaries, Sybase iAnywhere and Sybase 365.

Under his leadership, Sybase continues to be known for visionary technologies that meet the direct needs of customers and partners. In recognition of his decade-long contributions to Sybase technology innovations, he was recently selected by VARBusiness magazine as one of its "Technology Innovators: Top 50."

Irfan Khan

As a Sybase vice president and the company's chief technology officer, Irfan Khan oversees all the technology offices in each of Sybase's business units. Together with the architects residing within the technology offices, he is chartered with ensuring that the voice of Sybase's customers and the needs of the market are reflected within the company's innovation and product development. In addition to his CTO responsibilities, he oversees technology evangelism efforts for Sybase.

Sinan Baskan

As director of business development for financial markets at Sybase, Sinan Baskan is responsible for developing solutions for lines of business in the financial services sector. He has held various positions in the product engineering, professional services and marketing organizations at Sybase. Previously, he worked at HSBC Corporate Investment Bank on risk analytics.

From the Inside Flap

A shift is under way in favor of managing capital and financial risks under a balance sheet management model rather than at the level of transaction-driven business units. This will require a more data-centric approach and more effective management of information flow.

IT is charged to engineer this shift and Sybase is looking to expedite it. This is needed for measured risk-taking, the foundation for growth in capital markets. Our objective is to make a positive difference along the way, enabling insight to support informed decisions and confident actions. We hope that this book will contribute significantly to meeting those ends.
--from the Introduction by John S. Chen, CEO, Sybase

The new structure of financial markets that will emerge from the recovery and reforms will be shaped by a triad of new regulations, new methodologies and practices, and new technology. The New Data Imperative focuses on the interaction of practices and technologies and the limitations and shortcomings that have prevented successful risk management and distorted the assessment of risk distribution across asset classes and portfolios. Technology innovations and improved design of systems and processes, however, can help build a single image of data so that a holistic view of market activity, capital flows, and liquidity and risk profiles can be made available to decision makers.

In the years ahead, the successful financial firm will have developed a capability to understand, track and quantify risk factors across all portfolios and assets and a capacity for agility when volatility in financial markets rises. Mastering the data capture and flow and continuously transforming data into information, insight and profitable decisions will be the new competitive advantage, and information technology will be a critical contributor to success. The New Data Imperative charts the path to meeting that challenge.

"About this title" may belong to another edition of this title.