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Risk applications and the cloud: driving better value and performance from key risk management architecture
Today’s financial services organisations are increasingly looking to move their financial risk management applications to the cloud. But, according to a recent survey by Risk.net and SS&C Algorithmics, many risk professionals believe there is room for improvement in key elements of these migration projects, notably return on investment and reliability.
This Risk.net paper explores the plans, priorities and challenges of banks and buy-side firms in this endeavour, and reveals how closer alignment of risk, enterprise IT teams and vendors can maximise value and performance.
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