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Despite a growing appetite for enterprise-wide risk management among the world's largest financial services providers, there is some way to go before such practices are fully rolled out and operational. Just 18% of senior financial executives who responded to survey say that they have an ERM strategy that is well-formulated across the business and is fully implemented. A further 71% of respondents indicate that they have an ERM strategy in place that is being implemented, or will be shortly, while 8% say that they have no such policy in place, but plan to introduce one in the short-term.
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