The word “real time” is used frequently in discussions related to risk management, especially as it pertains to technology innovation. It is one thing to talk about real-time risk management in a theoretical sense, it is quite another to talk about it in practice. In this whitepaper a group of market experts from Numerix, CubeLogic and PRMIA explore various applications of risk management in real time, including:
- How “real time” can mean different things depending on its different uses as well as business needs.
- The differences between real-time enterprise risk management and real-time decision making at the trading level.
- The most important metrics in a real-time context for three market segments: prime brokerage, crypto and commodities.
- The data challenges risk managers face when trying to achieve their real-time risk ambitions.