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Conv by: David Rowe
Icon-thread a reply to Financial Risk Management’s Biggest Challenges
by David Rowe - Sungard on Mar 26, 2007 - 04:20 AM read 452 times
Source: http://www4.sungard.com/blogs/riskManagement/?p=7#comment-37
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Rich Petersen makes an excellent point. It is vital that we remember our mission in building risk management systems should be “Technology in Support of Sound Judgment.” Among other things, this means that the ultimate goal is to make better decisions under uncertainty. Access to results that is flexible, tailored to particular end-users’ needs and doesn’t require esoteric technical training to formulate many meaningful queries is central to the mission. Unfortunately, as Petersen implies, we too often spend all our time and effort on the underlying analytics and little or no time making the results meaningful for the target audience. At a minimum, it should be possible to filter, sort and group detailed results so that any end-user is looking only at the information that is relevant to his or her role and authority. In brief, effective interface design is not fluff, as some technies are prone to think. Rather it is central to achieving the improved decisions that are at the heart of effective risk management.

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