Counterparty Risk - Reducing Counterparty Risk

After the collapse of Lehman Brothers, many data managers admitted it had taken weeks - or even months - to estimate their exposure to the group and the risk had not been properly measured in advance. This has helped prove how vital it is for financial institutions to manage data on the potential impact each counterparty could have on the organization. But what are the best strategies for measuring counterparty risk?

Since the September events came as a shock to many, this is what firms are