Publisher's Synopsis
This is a book about the management of change, a book about the death of the "banking industry" and the explosion of opportunities within a new "financial services industry". It argues that it is an impossible task to manage risk without the technological infrastructure and the technology tools. It is a relatively straightforward exercise to determine functions or action of risk, but it is most difficult to quantitatively measure and forecast risk without the tools. Here the use of technology in data processing and production operation, both in banks and other industries, is examined.