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

Nathan, Raj; Khan, Irfan; Baskan, Sinan

Hardcover

ISBN 10: 1935212036 ISBN 13: 9781935212034

Publisher: Easton Studio Press, 2009

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.

About this title

From the Publisher

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.

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.

Edition details

• Publisher: Easton Studio Press
• Publication date: 2009
• ISBN 10: 1935212036
• ISBN 13: 9781935212034
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 128