Contributor: Marcus Cree

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.... read more