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Risk Management Tech Study Begins

By Staff Writer

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NEW YORK (HedgeWorld.com)–Cornell University and the Professional Risk Managers International Association are teaming up to study risk management and computer technology.

The primary research will be conducted through 10-minute interviews with risk management practitioners, financial technology specialists and software developers. As best practices gain acceptance in risk management, the next step is to develop best practices for the technology supporting risk management, said Roger Lang, director of the Cornell Theory Center in Manhattan, the branch of Cornell University conducting the study, in a PRMIA statement.

The research interviews will include anyone involved with risk management, including front line people like traders, said David R. Koenig, chairman of PRMIA’s board, in an interview. They’re trying to get as many people to participate as possible. The study is not restricted to PRMIA membership, though results of the study will be the subject of a PRMIA online forum scheduled to take place the week of Dec. 9. Mr. Lang will host the forum.

To participate, contact Mr. Lang at the e-mail address [email protected] or the phone number (212) 363-2915, ext. 13.