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Risk Management

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RISK-MANAGEMENT TECHNOLOGY

* Global regulatory initiatives are driving the industry to take a unified approach to credit-risk management.

Global regulatory initiatives, coupled with massive losses at many financial institutions are driving the industry to take a unified approach to credit-risk management, according to a new report from Meridien Research. Component processes, based on a variety of technologies, previously bound up inside traditional applications will have to be unbundled to eliminate redundancies and to support a common credit language and process across institutions.

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