Risk management has again taken center stage in the world of ﬁnance. Greater regulation, increasingly inter-connected markets, and new sources of volatility leave the door open for an unprecedented level of risk, the sources of which are as varied as they are numerous. At the same time, ﬁnancial services institutions must continue to innovate and grow. This necessitates an entirely new paradigm in risk management—spanning the entire enterprise in its vision, powered by new ideas in action, and underpinned by technological interventions in execution.
Early and provident fear is