The New Data Imperative: Managing Real-Time Risk in Capital Markets - Hardcover

Technology innovations and improved design of systems and processes, however, can help build a single image of data so that a holistic view of market activity, capital flows, and liquidity and risk profiles can be made available to decision makers.

In the years ahead, the successful financial firm will have developed a capability to understand, track and quantify risk factors across all portfolios and assets and a capacity for agility when volatility in financial markets rises. Mastering the data capture and flow and continuously transforming data into information, insight and profitable decisions will be the new competitive advantage, and information technology will be a critical contributor to success. The New Data Imperative charts the path to meeting that challenge.

IT is charged to engineer this shift and Sybase is looking to expedite it. This is needed for measured risk-taking, the foundation for growth in capital markets. Our objective is to make a positive difference along the way, enabling insight to support informed decisions and confident actions. We hope that this book will contribute significantly to meeting those ends.
--from the Introduction by John S. Chen, CEO, Sybase

The new structure of financial markets that will emerge from the recovery and reforms will be shaped by a triad of new regulations, new methodologies and practices, and new technology. The New Data Imperative focuses on the interaction of practices and technologies and the limitations and shortcomings that have prevented successful risk management and distorted the assessment of risk distribution across asset classes and portfolios. Technology innovations and improved design of systems and processes, however, can help build a single image of data so that a holistic view of market activity, capital flows, and liquidity and risk profiles can be made available to decision makers.

In the years ahead, the successful financial firm will have developed a capability to understand, track and quantify risk factors across all portfolios and assets and a capacity for agility when volatility in financial markets rises. Mastering the data capture and flow and continuously transforming data into information, insight and profitable decisions will be the new competitive advantage, and information technology will be a critical contributor to success. The New Data Imperative charts the path to meeting that challenge.