Uneven Risk Management Progress in Asia
Spurred by integration of the world's capital markets and growing anxiety over effects of the U.S. subprime crisis, Asian firms are increasing their investment in risk management technology.
Financial firms in more-developed Asian countries are upgrading their systems because of potential exposure to the credit downturn in the U.S., or as a proactive step to avoid such problems in the future. In emerging countries, many firms are only now getting their hands on risk technology through partnerships with international players.
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