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	<title>SunGard Transparency, Efficiency and Networks (TEN) - Capitalize on Change &#187; Marcus Cree</title>
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	<link>http://blogs.sungard.com/ten</link>
	<description>Transparency, Efficiency and Networks Reshaping Financial Services in 2011</description>
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		<title>Battle of the (Super) Risk Managers: Iron Man vs. Batman</title>
		<link>http://blogs.sungard.com/ten/capital-markets/battle-of-the-super-risk-managers-iron-man-vs-batman/</link>
		<comments>http://blogs.sungard.com/ten/capital-markets/battle-of-the-super-risk-managers-iron-man-vs-batman/#comments</comments>
		<pubDate>Thu, 30 May 2013 20:44:07 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Risk]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[Adaptiv]]></category>
		<category><![CDATA[Batman]]></category>
		<category><![CDATA[Bruce Wayne]]></category>
		<category><![CDATA[CRO]]></category>
		<category><![CDATA[enterprise risk]]></category>
		<category><![CDATA[Iron Man]]></category>
		<category><![CDATA[Marcus Cree]]></category>
		<category><![CDATA[risk culture]]></category>
		<category><![CDATA[risk data]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[risk managers]]></category>
		<category><![CDATA[SunGard Capital Markets]]></category>
		<category><![CDATA[Tony Stark]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=3624</guid>
		<description><![CDATA[This blog post was originally published by GARP.

This May saw the third installment of Marvel’s Iron Man film franchise. Amid the new movie buzz, it is striking that the super hero world offers a surprisingly unique way to explore different approaches to risk management. By comparing two competing superheroes and their infinite powers, we can ask ourselves, who would make the most effective risk manager – LA resident Tony Stark or Gotham’s own Bruce Wayne?

At a glance, the two characters are very similar. They both inherited large corporations and enormous wealth, have an obsessive interest in technology which they utilize to control high end crime and they have a number of stakeholders to address both as civilians and heroes.

Despite these similarities, they do have significant differences, particularly in their approaches to risk management. It is these differences that map so well to the different approaches that financial institutions can take to their own internal risk management functions.
]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/capital-markets/battle-of-the-super-risk-managers-iron-man-vs-batman/feed/</wfw:commentRss>
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		<title>Risk Management: Making Sure the Tail Doesn’t Wag the Dog</title>
		<link>http://blogs.sungard.com/ten/transparency/risk-management-making-sure-the-tail-doesnt-wag-the-dog/</link>
		<comments>http://blogs.sungard.com/ten/transparency/risk-management-making-sure-the-tail-doesnt-wag-the-dog/#comments</comments>
		<pubDate>Tue, 09 Apr 2013 21:29:27 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Efficiency]]></category>
		<category><![CDATA[Risk]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[Transparency]]></category>
		<category><![CDATA[Adaptiv]]></category>
		<category><![CDATA[CVA]]></category>
		<category><![CDATA[enterprise risk]]></category>
		<category><![CDATA[liquidity stress testing]]></category>
		<category><![CDATA[Marcus Cree]]></category>
		<category><![CDATA[mastering risk]]></category>
		<category><![CDATA[potential future exposure]]></category>
		<category><![CDATA[risk appetite]]></category>
		<category><![CDATA[risk function]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[risk management technology]]></category>
		<category><![CDATA[risk position]]></category>
		<category><![CDATA[risk system]]></category>
		<category><![CDATA[risk technology]]></category>
		<category><![CDATA[risk tolerance]]></category>
		<category><![CDATA[sensitivity analysis]]></category>
		<category><![CDATA[stress test]]></category>
		<category><![CDATA[SunGard Adaptiv]]></category>
		<category><![CDATA[SunGard Capital Markets]]></category>
		<category><![CDATA[tail analysis]]></category>
		<category><![CDATA[trading risk]]></category>
		<category><![CDATA[VaR]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=3457</guid>
		<description><![CDATA[This blog post originally appeared on TabbFORUM.

Risk can and should be seen as the core of a financial institution. The management of risk has become an industry in itself, led in turn by regulatory drivers, technological advancement, trading floor developments and quantitative research. In this blur of evolution, it is easy to lose sight of exactly what is required of the risk department, and it is worth taking a step back to refocus on what is important.]]></description>
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		<title>Enterprise Risk Management and the Vernal Equinox</title>
		<link>http://blogs.sungard.com/ten/capital-markets/enterprise-risk-management-and-the-vernal-equinox/</link>
		<comments>http://blogs.sungard.com/ten/capital-markets/enterprise-risk-management-and-the-vernal-equinox/#comments</comments>
		<pubDate>Mon, 18 Mar 2013 15:14:52 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Risk]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[Adaptiv]]></category>
		<category><![CDATA[Chichen Itza]]></category>
		<category><![CDATA[enterprise risk management]]></category>
		<category><![CDATA[financial risk management]]></category>
		<category><![CDATA[Kukulkan]]></category>
		<category><![CDATA[Marcus Cree]]></category>
		<category><![CDATA[Mayan culture]]></category>
		<category><![CDATA[risk architecture]]></category>
		<category><![CDATA[risk culture]]></category>
		<category><![CDATA[SunGard Capital Markets]]></category>
		<category><![CDATA[SunGard's Adaptiv]]></category>
		<category><![CDATA[vernal equinox]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=3406</guid>
		<description><![CDATA[A version of this blog post was originally published by Markets Media.

In a time long forgotten, seven days before the third full moon of the year, a drum beats a slow and terrible accompaniment to the death march of the sacrifices to a god whose satisfaction is needed to guarantee a good harvest and the survival of the tribe for another 12 months. As the mid-afternoon sun moves through the sky, the deity himself appears – a winged snake – and makes his way down the steps of the temple built to honor him. At the base of the temple, a carved statue of Kukulkan’s head meets the shadowy shape of his body, bringing together his astral and physical form. At that moment, the human sacrifices are made, and the people pray in terrified silence that it is enough.

An eon later, and March 20 sees the 2013 vernal equinox, signifying the end of winter and the astronomical start of spring. This annual event carries with it echoes of legends and rituals from ancient cultures that have direct relevance to our approach to financial risk management today.]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/capital-markets/enterprise-risk-management-and-the-vernal-equinox/feed/</wfw:commentRss>
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		<title>Beware the Ides of March: A Warning about Central Clearing from 44 BC</title>
		<link>http://blogs.sungard.com/ten/transparency/beware-the-ides-of-march-a-warning-about-central-clearing-from-44-bc/</link>
		<comments>http://blogs.sungard.com/ten/transparency/beware-the-ides-of-march-a-warning-about-central-clearing-from-44-bc/#comments</comments>
		<pubDate>Wed, 27 Feb 2013 16:45:38 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Risk]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[Transparency]]></category>
		<category><![CDATA[Adaptiv]]></category>
		<category><![CDATA[central clearing]]></category>
		<category><![CDATA[clearing risk]]></category>
		<category><![CDATA[DerivSource]]></category>
		<category><![CDATA[Ides of March]]></category>
		<category><![CDATA[Marcus Cree]]></category>
		<category><![CDATA[margin]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[SunGard]]></category>
		<category><![CDATA[swaps clearing]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=3356</guid>
		<description><![CDATA[This blog post was originally published by DerivSource.

In March of 44 BC, Gaius Julius Caesar was killed on the steps of the Forum of Rome – before his ambition to centralize power in the Republic, removing the checks and balances of Roman politics, could be fully realized. It is striking that the date for mandatory clearing is set for mid-March 2013, and there are clear parallels to March 15, 44 BC, better known as the Ides of March.]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/transparency/beware-the-ides-of-march-a-warning-about-central-clearing-from-44-bc/feed/</wfw:commentRss>
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		<title>Risk, Baseball and a Brand New Year of Opportunity</title>
		<link>http://blogs.sungard.com/ten/capital-markets/risk-baseball-and-a-brand-new-year-of-opportunity/</link>
		<comments>http://blogs.sungard.com/ten/capital-markets/risk-baseball-and-a-brand-new-year-of-opportunity/#comments</comments>
		<pubDate>Wed, 16 Jan 2013 14:56:52 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Risk]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[buy side risk]]></category>
		<category><![CDATA[enterprise risk]]></category>
		<category><![CDATA[Marcus Cree]]></category>
		<category><![CDATA[Moneyball movie]]></category>
		<category><![CDATA[risk culture]]></category>
		<category><![CDATA[risk department]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[risk technology]]></category>
		<category><![CDATA[sell side risk]]></category>
		<category><![CDATA[SunGard Capital Markets]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=3277</guid>
		<description><![CDATA[This blog post was originally published on TabbFORUM.

It’s 2013. The days are lengthening again, and the risk world is facing an environment that is more concrete, while remaining every bit as challenging as it was before the millennium became a teenager.

The challenges faced by risk departments everywhere are well known, and include rafts of new regulations from Basel and Dodd-Frank, and data sets including the recent financial crisis, pointing to very likely high volatility in the months and years ahead, central clearing making calls to the risk management quant teams, and a low inflation/interest rate state continuing to cause anxiety in the pension world. With such a backdrop, it is easy to see risk management as an exercise in compliance at the lowest cost, but as Brad Pitt playing Billy Beane in the baseball movie “Moneyball,” demanded of his staffers: Are we asking the right question?]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/capital-markets/risk-baseball-and-a-brand-new-year-of-opportunity/feed/</wfw:commentRss>
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		<title>Risk Management: Yippee Ki Yay, Rogue Traders</title>
		<link>http://blogs.sungard.com/ten/transparency/risk-management-yippee-ki-yay-rogue-traders/</link>
		<comments>http://blogs.sungard.com/ten/transparency/risk-management-yippee-ki-yay-rogue-traders/#comments</comments>
		<pubDate>Wed, 28 Nov 2012 19:45:25 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Efficiency]]></category>
		<category><![CDATA[Risk]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[Transparency]]></category>
		<category><![CDATA[enterprise risk management]]></category>
		<category><![CDATA[Marcus Cree]]></category>
		<category><![CDATA[risk management solutions]]></category>
		<category><![CDATA[risk management technology]]></category>
		<category><![CDATA[risk manager]]></category>
		<category><![CDATA[risk reporting]]></category>
		<category><![CDATA[risk tolerance]]></category>
		<category><![CDATA[stress testing]]></category>
		<category><![CDATA[SunGard Adaptiv]]></category>
		<category><![CDATA[SunGard Capital Markets]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=3171</guid>
		<description><![CDATA[The holiday season is upon us, and with it comes a slew of reruns of classic holiday films along with the annual financial reporting season and its attendant analysis of institutions’ risk management capabilities. Seemingly unrelated? Actually, the two are inextricably linked via one of the greatest holiday season films of all time: Die Hard.]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/transparency/risk-management-yippee-ki-yay-rogue-traders/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
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		<title>Risk Management: Conferences, Convergence and Catastrophe</title>
		<link>http://blogs.sungard.com/ten/transparency/risk-management-conferences-convergence-and-catastrophe/</link>
		<comments>http://blogs.sungard.com/ten/transparency/risk-management-conferences-convergence-and-catastrophe/#comments</comments>
		<pubDate>Thu, 15 Nov 2012 15:10:37 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Networks]]></category>
		<category><![CDATA[Risk]]></category>
		<category><![CDATA[Transparency]]></category>
		<category><![CDATA[enterprise risk management]]></category>
		<category><![CDATA[FIA]]></category>
		<category><![CDATA[Hurricane Sandy]]></category>
		<category><![CDATA[Marcus Cree]]></category>
		<category><![CDATA[risk management solutions]]></category>
		<category><![CDATA[RMA]]></category>
		<category><![CDATA[SunGard Adaptiv]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=3136</guid>
		<description><![CDATA[This blog post was originally published on TabbFORUM.

Late October 2012 saw an RMA conference on risk management in Dallas, the annual FIA conference in Chicago, and a catastrophic natural disaster in and around New York. While these were separate events with very different impact levels, all three were connected by the complexity of modern risk management, what it means, and how its outputs can be understood and used.]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/transparency/risk-management-conferences-convergence-and-catastrophe/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
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		<title>Cage Goes in the Water. You Go in the Water. Shark’s in the Water.</title>
		<link>http://blogs.sungard.com/ten/transparency/cage-goes-in-the-water-you-go-in-the-water-shark%e2%80%99s-in-the-water/</link>
		<comments>http://blogs.sungard.com/ten/transparency/cage-goes-in-the-water-you-go-in-the-water-shark%e2%80%99s-in-the-water/#comments</comments>
		<pubDate>Mon, 15 Oct 2012 17:01:36 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Risk]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Transparency]]></category>
		<category><![CDATA[Adaptiv]]></category>
		<category><![CDATA[chief risk officer]]></category>
		<category><![CDATA[CRO]]></category>
		<category><![CDATA[enterprise risk management]]></category>
		<category><![CDATA[Jaws movie]]></category>
		<category><![CDATA[Marcus Cree]]></category>
		<category><![CDATA[risk culture]]></category>
		<category><![CDATA[SunGard]]></category>
		<category><![CDATA[SunGard Adaptiv]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=3034</guid>
		<description><![CDATA[This blog post originally appeared on TabbFORUM. In the 1975 summer smash Jaws, a rogue shark terrorizes a summer town. In addition to being responsible for more aquaphobia and galeophobia (the fear of sharks) than any other film in history, it does highlight different responses to a problem. Much of the film is set on<a href="http://blogs.sungard.com/ten/transparency/cage-goes-in-the-water-you-go-in-the-water-shark%e2%80%99s-in-the-water/" class="read_more">read more</a>]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/transparency/cage-goes-in-the-water-you-go-in-the-water-shark%e2%80%99s-in-the-water/feed/</wfw:commentRss>
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		<title>A Different Kind of Wall Street Board Meeting</title>
		<link>http://blogs.sungard.com/ten/capital-markets/a-different-kind-of-wall-street-board-meeting/</link>
		<comments>http://blogs.sungard.com/ten/capital-markets/a-different-kind-of-wall-street-board-meeting/#comments</comments>
		<pubDate>Fri, 17 Aug 2012 10:45:53 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Risk]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[Marcus Cree]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[SEAPaddleNYC]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=2853</guid>
		<description><![CDATA[Friday August 17, 2012 sees a most unusual board meeting in downtown New York. Representatives from the largest banks on Wall Street, private equity firms, and Main Street gathered at Pier 40 for what may be the most cordial coming together of year. I am lucky enough to be at the event.]]></description>
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		<slash:comments>4</slash:comments>
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		<title>Pension Funds Becoming More “Active” in Risk Management</title>
		<link>http://blogs.sungard.com/ten/transparency/pension-funds-becoming-more-%e2%80%9cactive%e2%80%9d-in-risk-management/</link>
		<comments>http://blogs.sungard.com/ten/transparency/pension-funds-becoming-more-%e2%80%9cactive%e2%80%9d-in-risk-management/#comments</comments>
		<pubDate>Thu, 16 Aug 2012 19:17:15 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Risk]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[Transparency]]></category>
		<category><![CDATA[Adaptiv]]></category>
		<category><![CDATA[buy side risk]]></category>
		<category><![CDATA[CAPM risk]]></category>
		<category><![CDATA[CVA]]></category>
		<category><![CDATA[Marcus Cree]]></category>
		<category><![CDATA[market volatility]]></category>
		<category><![CDATA[Pension Fund Risk]]></category>
		<category><![CDATA[pension fund risk management]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[SunGard Adaptiv]]></category>
		<category><![CDATA[VaR]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=2841</guid>
		<description><![CDATA[Right now, there is a noticeable change occurring in the approach to risk management on the buy side, particularly within the pension fund area.

Traditionally, pension funds have been measured against a few core metrics... but market changes are challenging the traditional approach.]]></description>
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		<title>I Saw a Werewolf with a Chinese Menu in His Hand</title>
		<link>http://blogs.sungard.com/ten/transparency/i-saw-a-werewolf-with-a-chinese-menu-in-his-hand/</link>
		<comments>http://blogs.sungard.com/ten/transparency/i-saw-a-werewolf-with-a-chinese-menu-in-his-hand/#comments</comments>
		<pubDate>Mon, 13 Aug 2012 17:11:56 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Networks]]></category>
		<category><![CDATA[Risk]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[Transparency]]></category>
		<category><![CDATA[book review]]></category>
		<category><![CDATA[hormones and risk management]]></category>
		<category><![CDATA[hormones and trading]]></category>
		<category><![CDATA[John Coates]]></category>
		<category><![CDATA[Marcus Cree]]></category>
		<category><![CDATA[SunGard]]></category>
		<category><![CDATA[The Hour Between Dog and Wolf]]></category>
		<category><![CDATA[Werewolves in London]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=2828</guid>
		<description><![CDATA[This blog post originally appeared on GARP – Global Association of Risk Professionals.

The late, great Warren Zevon sang about werewolves living it up in his sardonic 1978 classic “Werewolves of London.” It seems there may be more metaphorical truth to this song than meets the eye.

In his recently published book, The Hour Between Dog and Wolf: Risk Taking, Gut Feelings and the Biology of Boom and Bust (Penguin Press), John Coates brilliantly explains how physiological reactions to success, stress, threat and opportunity may be at the heart of the excesses that accompany, and can even define, the tail ends of financial peaks and troughs. A former Wall Street trader, Coates has some fascinating ideas for how a working understanding of this intersection of neuroscience and finance could benefit the risk management of investment banks, as well as the health of the risk takers themselves.]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/transparency/i-saw-a-werewolf-with-a-chinese-menu-in-his-hand/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
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		<title>Survey says: volatility risk a major headache for financial firms</title>
		<link>http://blogs.sungard.com/ten/transparency/survey-says-volatility-risk-a-major-headache-for-financial-firms/</link>
		<comments>http://blogs.sungard.com/ten/transparency/survey-says-volatility-risk-a-major-headache-for-financial-firms/#comments</comments>
		<pubDate>Wed, 27 Jun 2012 11:30:52 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Efficiency]]></category>
		<category><![CDATA[Risk]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[Transparency]]></category>
		<category><![CDATA[capital markets research]]></category>
		<category><![CDATA[Economist Intelligence Unit]]></category>
		<category><![CDATA[EIU SunGard survey]]></category>
		<category><![CDATA[Marcus Cree]]></category>
		<category><![CDATA[SunGard research]]></category>
		<category><![CDATA[volatility risk]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=2649</guid>
		<description><![CDATA[When considering current industry views on volatility risk, it should be noted that traditionally, profitability of trading and investment banking fed on volatility. The terms “volatility” and “risk” can almost be used interchangeably; good risk management could be defined as effectively managing the varying levels of uncertainty from an expected outcome. The greater the uncertainty<a href="http://blogs.sungard.com/ten/transparency/survey-says-volatility-risk-a-major-headache-for-financial-firms/" class="read_more">read more</a>]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/transparency/survey-says-volatility-risk-a-major-headache-for-financial-firms/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
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		<title>The buzz at PRMIA’s birthday bash</title>
		<link>http://blogs.sungard.com/ten/capital-markets/the-buzz-at-prmia%e2%80%99s-birthday-bash/</link>
		<comments>http://blogs.sungard.com/ten/capital-markets/the-buzz-at-prmia%e2%80%99s-birthday-bash/#comments</comments>
		<pubDate>Tue, 29 May 2012 14:00:27 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[central clearing]]></category>
		<category><![CDATA[derivatives]]></category>
		<category><![CDATA[expected shortfall]]></category>
		<category><![CDATA[FCMs]]></category>
		<category><![CDATA[JP Morgan]]></category>
		<category><![CDATA[PRMIA]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[VaR]]></category>
		<category><![CDATA[Volker Rule]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=2547</guid>
		<description><![CDATA[This month saw the Professional Risk Managers International Association (PRMIA) celebrate its tenth birthday in style at the Marriott Marquis in New York’s Times Square at its inaugural risk conference, sponsored in part by SunGard.

Even with the credit crisis behind us, ongoing issues with euro zone sovereignty risk, Basel III, the Volcker rule, the failure of MF Global, and the move to central clearing proved that there was plenty to talk about at the event. And if 2012 had not been eventful enough so far, J.P. Morgan’s announcement of a $2 billion loss on the eve of the conference both highlighted the profile of risk management and guaranteed a buzz at the party.]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/capital-markets/the-buzz-at-prmia%e2%80%99s-birthday-bash/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
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		<title>A Long Time Ago, in a Galaxy VaR, VaR Away…</title>
		<link>http://blogs.sungard.com/ten/transparency/a-long-time-ago-in-a-galaxy-var-var-away%e2%80%a6/</link>
		<comments>http://blogs.sungard.com/ten/transparency/a-long-time-ago-in-a-galaxy-var-var-away%e2%80%a6/#comments</comments>
		<pubDate>Thu, 17 May 2012 17:00:12 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[Transparency]]></category>
		<category><![CDATA[enterprise risk management]]></category>
		<category><![CDATA[market risk]]></category>
		<category><![CDATA[risk]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[VaR]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=2502</guid>
		<description><![CDATA[In recent months, there has been an interesting twist in the story of VaR, the central measure of market risk, capital requirements, and one of the targets of criticism in the aftermath of the credit crisis. Not much comment has been made of it, but VaR has been adopted as a key plank in the central clearing of derivatives, precisely because of its ability to produce a meaningful single number. This is ironic given that it was this single number, and its attendant lack of insight into the deeper tailed risks, that led to much debate about VaR’s suitability as the key metric, and the role it played in risk management leading to the crisis. And coincidentally, it seems the story of VaR is paralleled well by the journey of young Anakin Skywalker in George Lucas’s prescient epic Star Wars.]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/transparency/a-long-time-ago-in-a-galaxy-var-var-away%e2%80%a6/feed/</wfw:commentRss>
		<slash:comments>20</slash:comments>
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		<title>When risk management hits closer to home</title>
		<link>http://blogs.sungard.com/ten/capital-markets/when-risk-management-hits-closer-to-home/</link>
		<comments>http://blogs.sungard.com/ten/capital-markets/when-risk-management-hits-closer-to-home/#comments</comments>
		<pubDate>Tue, 10 Apr 2012 05:30:06 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[crisis management strategy]]></category>
		<category><![CDATA[liquidity]]></category>
		<category><![CDATA[portfolio managers]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[traders]]></category>
		<category><![CDATA[VaR]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=2329</guid>
		<description><![CDATA[A couple of weeks ago, there was a house fire at my home. It is important to state at the start that nobody was hurt, and the house is now in a restoration stage.

Afterward though, it occurred to me that I write, speak, and consult exclusively on the subject of risk management, so this raises an interesting set of questions. How well do I internalize the risk management mindset, and do I apply the principles I espouse in the most important environment I know: my own home?]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/capital-markets/when-risk-management-hits-closer-to-home/feed/</wfw:commentRss>
		<slash:comments>10</slash:comments>
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		<title>Q&amp;A: How will risk management change to support the new OTC derivatives model?</title>
		<link>http://blogs.sungard.com/ten/capital-markets/qa-how-will-risk-management-change-to-support-the-new-otc-derivatives-model/</link>
		<comments>http://blogs.sungard.com/ten/capital-markets/qa-how-will-risk-management-change-to-support-the-new-otc-derivatives-model/#comments</comments>
		<pubDate>Tue, 03 Apr 2012 13:02:14 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[collateral management]]></category>
		<category><![CDATA[credit valuation adjustment]]></category>
		<category><![CDATA[DerivSource]]></category>
		<category><![CDATA[enterprise risk management]]></category>
		<category><![CDATA[OTC derivatives]]></category>
		<category><![CDATA[Regulatory Reform]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[Transparency]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=2294</guid>
		<description><![CDATA[Last week I participated in a webinar and a Twitterview with DerivSource, covering the changing landscape of risk management in the new OTC derivatives workflow model.  It goes without saying that risk is at the center of regulatory reform; the new world of risk management must develop to meet the new requirements and challenges facing the OTC derivatives markets.]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/capital-markets/qa-how-will-risk-management-change-to-support-the-new-otc-derivatives-model/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
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		<title>What if the risk department really lost an hour?</title>
		<link>http://blogs.sungard.com/ten/capital-markets/what-if-the-risk-department-really-lost-an-hour/</link>
		<comments>http://blogs.sungard.com/ten/capital-markets/what-if-the-risk-department-really-lost-an-hour/#comments</comments>
		<pubDate>Wed, 28 Mar 2012 16:29:02 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[Efficiency]]></category>
		<category><![CDATA[operational risk]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[risk numbers]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=2271</guid>
		<description><![CDATA[This blog post originally appeared on FTF News.

With spring in the air, the U.S. clocks have gone forward, stealing an hour from us.

Obviously it is an illusory lost hour, but it does provoke an interesting thought experiment: if you were to actually lose an hour of the working day, where could you improve efficiency to make up for the lost time? In the risk management department, it would be a tough call. Let’s take a walk in a risk manager’s shoes for a day…]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/capital-markets/what-if-the-risk-department-really-lost-an-hour/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
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		<title>MF global: Defining risk management failure</title>
		<link>http://blogs.sungard.com/ten/capital-markets/mf-global-defining-risk-management-failure/</link>
		<comments>http://blogs.sungard.com/ten/capital-markets/mf-global-defining-risk-management-failure/#comments</comments>
		<pubDate>Fri, 17 Feb 2012 15:14:01 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[Adaptiv]]></category>
		<category><![CDATA[enterprise risk management]]></category>
		<category><![CDATA[Management Failure]]></category>
		<category><![CDATA[Marcus Cree]]></category>
		<category><![CDATA[MF Global]]></category>
		<category><![CDATA[MF Global failure]]></category>
		<category><![CDATA[MF Global risk]]></category>
		<category><![CDATA[risk appetite]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[risk management approach]]></category>
		<category><![CDATA[risk management communication]]></category>
		<category><![CDATA[risk management decisions]]></category>
		<category><![CDATA[risk management definition]]></category>
		<category><![CDATA[Risk Management Failure]]></category>
		<category><![CDATA[risk management function]]></category>
		<category><![CDATA[risk management process]]></category>
		<category><![CDATA[risk management system]]></category>
		<category><![CDATA[risk management technology]]></category>
		<category><![CDATA[risk tolerance]]></category>
		<category><![CDATA[strategic risk taking]]></category>
		<category><![CDATA[SunGard]]></category>
		<category><![CDATA[SunGard Adaptiv]]></category>
		<category><![CDATA[what is risk appetite]]></category>
		<category><![CDATA[what is risk management]]></category>
		<category><![CDATA[what is risk tolerance]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=2162</guid>
		<description><![CDATA[The failure at MF Global has sparked much debate within the financial industry, not least around the apparent shortfall of risk management at the institution. This raises an interesting question about what a good risk management program should be expected to achieve.

When thinking about risk management, it is important to understand the objectives and parameters of what the term “risk management” can mean. Some important definitions are:]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/capital-markets/mf-global-defining-risk-management-failure/feed/</wfw:commentRss>
		<slash:comments>14</slash:comments>
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		<title>What do risk management and the super bowl have in common?</title>
		<link>http://blogs.sungard.com/ten/capital-markets/what-do-risk-management-and-the-super-bowl-have-in-common/</link>
		<comments>http://blogs.sungard.com/ten/capital-markets/what-do-risk-management-and-the-super-bowl-have-in-common/#comments</comments>
		<pubDate>Mon, 06 Feb 2012 17:30:27 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[capital]]></category>
		<category><![CDATA[risk system]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=2124</guid>
		<description><![CDATA[This blog post originally appeared on TabbFORUM here.

“The best defense is a good offense” may be one of the most oft-repeated sayings in sports, and it is a generally useful outlook in many situations. There are times, though, when the opposite is true. When a Super Bowl is won by a mere 4 points in a game that saw a defensive score in the first quarter and a key interception later in the second half, there are a lot of New Yorkers who would say that a strong, reliable defense is a prerequisite for an effective offense.]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/capital-markets/what-do-risk-management-and-the-super-bowl-have-in-common/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
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		<title>The biggest loser</title>
		<link>http://blogs.sungard.com/ten/transparency/the-biggest-loser/</link>
		<comments>http://blogs.sungard.com/ten/transparency/the-biggest-loser/#comments</comments>
		<pubDate>Mon, 21 Nov 2011 16:10:21 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Efficiency]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[Transparency]]></category>
		<category><![CDATA[Adaptiv]]></category>
		<category><![CDATA[enterprise risk management]]></category>
		<category><![CDATA[ERM]]></category>
		<category><![CDATA[financial regulation]]></category>
		<category><![CDATA[Marcus Cree]]></category>
		<category><![CDATA[risk culture]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[risk management innovation]]></category>
		<category><![CDATA[risk management processes]]></category>
		<category><![CDATA[risk solutions]]></category>
		<category><![CDATA[risk system]]></category>
		<category><![CDATA[risk technology]]></category>
		<category><![CDATA[risk transparency]]></category>
		<category><![CDATA[strategic risk management]]></category>
		<category><![CDATA[SunGard]]></category>
		<category><![CDATA[SunGard Capital Markets]]></category>
		<category><![CDATA[SunGard Risk]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=1844</guid>
		<description><![CDATA[Every week, millions tune in to see the reality TV battle that is The Biggest Loser. Each episode sees much sweating and panting during an extremely focused exercise and diet boot camp.

Interestingly, the first few pounds are lost with relative ease, but the winners only go on losing weight when they recognize and confront the underlying causes for their obesity, and they only maintain their new slim shapes when they make and maintain lifestyle changes.]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/transparency/the-biggest-loser/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
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		<title>4 Risk management questions to ask now (webinar)</title>
		<link>http://blogs.sungard.com/ten/transparency/4-risk-management-questions-to-ask-now-webinar/</link>
		<comments>http://blogs.sungard.com/ten/transparency/4-risk-management-questions-to-ask-now-webinar/#comments</comments>
		<pubDate>Tue, 18 Oct 2011 17:02:56 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Efficiency]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[Transparency]]></category>
		<category><![CDATA[Dodd-Frank]]></category>
		<category><![CDATA[enterprise risk management]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[Regulatory Reform]]></category>
		<category><![CDATA[risk culture]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=1707</guid>
		<description><![CDATA[In the regulatory reform book Regulating Wall Street: The Dodd-Frank Act and the New Architecture of Global Finance, by NYU Stern faculty, there is a focus on four pillars of an effective regulatory regime. The book maintains that a good regulatory framework should:]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/transparency/4-risk-management-questions-to-ask-now-webinar/feed/</wfw:commentRss>
		<slash:comments>8</slash:comments>
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		<title>Enterprise risk management:Technology as a cultural enabler</title>
		<link>http://blogs.sungard.com/ten/transparency/enterprise-risk-managementtechnology-as-a-cultural-enabler/</link>
		<comments>http://blogs.sungard.com/ten/transparency/enterprise-risk-managementtechnology-as-a-cultural-enabler/#comments</comments>
		<pubDate>Thu, 18 Aug 2011 14:15:39 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Efficiency]]></category>
		<category><![CDATA[Networks]]></category>
		<category><![CDATA[Risk & Reg Reform]]></category>
		<category><![CDATA[Transparency]]></category>
		<category><![CDATA[ALM]]></category>
		<category><![CDATA[Dodd-Frank]]></category>
		<category><![CDATA[enterprise risk management]]></category>
		<category><![CDATA[ERM]]></category>
		<category><![CDATA[financial regulators]]></category>
		<category><![CDATA[risk culture]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=1442</guid>
		<description><![CDATA[On Tuesday, I participated in a risk-themed Twitterview with Michael Versace, director of global risk at IDC-Financial Insights (@versace57) and Virginie O’Shea, managing editor at A-Team Group (@virginieateam).

Virginie posed several interesting questions to Michael and me, covering technological and cultural challenges and approaches to enterprise risk management. Within the boundaries of Twitter, we had a meaningful discussion around internal governance, the importance of risk empowerment, and how to capitalize on industry changes and take action now.]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/transparency/enterprise-risk-managementtechnology-as-a-cultural-enabler/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
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		<title>Who stole the show at SunGard&#8217;s New York City Day 2011?</title>
		<link>http://blogs.sungard.com/ten/transparency/who-stole-the-show-at-sungards-new-york-city-day-2011/</link>
		<comments>http://blogs.sungard.com/ten/transparency/who-stole-the-show-at-sungards-new-york-city-day-2011/#comments</comments>
		<pubDate>Fri, 24 Jun 2011 15:56:37 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Efficiency]]></category>
		<category><![CDATA[Networks]]></category>
		<category><![CDATA[Transparency]]></category>
		<category><![CDATA[Dodd-Frank]]></category>
		<category><![CDATA[financial regulation]]></category>
		<category><![CDATA[Marcus Cree]]></category>
		<category><![CDATA[New York City Day]]></category>
		<category><![CDATA[Position Risk Operations]]></category>
		<category><![CDATA[Regulatory Reform]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[SunGard]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=1225</guid>
		<description><![CDATA[I spent Monday, June 20 at the SunGard’s New York City Day. This year’s event brought another full house, with a provocative keynote speaker and an afternoon full of industry debate and questions.

Not surprisingly, regulatory reform dominated many of the presentations throughout the afternoon and found its way into most of the conversations in the networking sessions. Neither Barney Frank nor Chris Dodd was at the Waldorf-Astoria that day, but their long shadows certainly were.]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/transparency/who-stole-the-show-at-sungards-new-york-city-day-2011/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<title>2010 trends in risk management</title>
		<link>http://blogs.sungard.com/ten/transparency/2010-trends-in-risk-management/</link>
		<comments>http://blogs.sungard.com/ten/transparency/2010-trends-in-risk-management/#comments</comments>
		<pubDate>Tue, 30 Mar 2010 19:07:34 +0000</pubDate>
		<dc:creator>Marcus Cree - vice president, risk solutions, SunGard&#039;s capital markets business</dc:creator>
		<dc:contributor>mcree</dc:contributor>				<category><![CDATA[Capital Markets]]></category>
		<category><![CDATA[Capital Markets & Investment Banking]]></category>
		<category><![CDATA[Efficiency]]></category>
		<category><![CDATA[Transparency]]></category>
		<category><![CDATA[credit rating]]></category>
		<category><![CDATA[data control]]></category>
		<category><![CDATA[regulatory pressure]]></category>
		<category><![CDATA[risk cultures]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=146</guid>
		<description><![CDATA[Over the past eighteen months, we have all seen how events have altered the perception of risk management, both inside and outside an organization. Has increased scrutiny on risk managers translated into tangible changes to the way risk is currently being approached?]]></description>
		<wfw:commentRss>http://blogs.sungard.com/ten/transparency/2010-trends-in-risk-management/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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