No Risk Management Without Technology, Says Blackrock’s Fishwick
Technologies that underpin investment risk management are fundamental says Blackrock co-chief risk officer.
The Blackrock senior risk officer claimed that proper risk management within the money management giant would be "unfeasible without technology" during his afternoon keynote presentation at the Buy Side European Technology Summit in London this week.
Despite his assertion that he was "a user, not a technologist", Fishwick said the risk management landscape was fundamentally reliant on models and platforms because of the investment management industry's "most annoying property — which is that
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