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The challenges in integrating Risk compliance services

The future belongs to organizations that manage risk management with the same earnestness that chases profitability. And those who are still working with instinct are likely to gain time - if they do not charge the appropriate risk premium. But in the medium term, they will lose as they face unexpected losses and their customers move to more reputable banks. Risk compliance services  are much more than mathematical models and data. Often, mathematics and data are the easy part of risk management. The challenges lie in integrating risk management into budget and strategy processes, integrating it into rating and remuneration processes, and insisting on risk management. It is an excerpt from what one of the most skilled and experienced credit risk management professionals is entitled to and very active in the Risk Managers community.  This is important to address the difficult questions left behind by the latest and prolonged crisis in major markets that hit major banking groups,