ERM Push Among Banks Intensifies

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Executive Summary

One theme commonly expressed among experts is that an infrastructure that gives banks a broader view of risk could have helped avoid much of the calamity of 2008. Has enterprise risk management's (ERM) time finally come? Many believe that with the pressures brought on by the financial meltdown, the industry has finally gotten the kick in the pants it needs to approach its ERM initiatives in earnest. This is an evolution where you're bringing all your risk together and allowing people to collaborate on full enterprise risk.

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