Report on Global Investment Management Risk Survey 2009

Looking behind the financial collapse

The causes behind the severity of the financial crisis and the collapse of formerly triple-A rated financial institutions have been investigated from a post-crisis risk management perspective by SimCorp StrategyLab in cooperation with The Nielsen Company in February/March 2009.

The survey carried out among global investment management companies has explored the choice of IT architecture platform with regard to both internal and external demands, i.e. regulatory requirements. The findings support a sense of urgency when it comes to improving or replacing installations.

Moreover, the survey has looked into the status of the risk function within global financial institutions, also with regard to staff and competencies. Seen in the light of the financial crisis, it is fair to assume that the risk management function has gained attention and recognition as a strategic discipline. However, this assumption cannot without modifications be confirmed by the results of the risk management survey.