Managing risk in the midst of volatility

Managing risk in the midst of volatility: importance of active collaboration between risk leaders and counterparts.

Extract from Deloitte – Risk Angles:

In just about any business, managing risk has been a little like keeping order on a storm-tossed ship. The environment is always changing, creating new challenges with every passing day. But over the past few years, it has frequently felt more like being caught in hurricane-force winds, when it’s hard enough to know which direction is up. Get used to it. Volatility is widely expected to dominate the business environment for the foreseeable future. In fact, when Deloitte and Forbes Insights recently surveyed leading U.S. executives responsible for risk, we found that 91% plan to reorganize and reprioritize their approaches to risk management in the coming three years. Nearly 80% said this was due to market volatility over the past three years.

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