June 22, 2009 08:08 ET

Financial Services Seek New Methods for Managing Systemic Risk

ROCKVILLE, MD--(Marketwire - June 22, 2009) - has announced the addition of TowerGroup 's new report "Managing Systemic Risk: A New Era for Financial Services," to their collection of Banking & Financial Services market reports. For more information, visit

Losses arising from systemic risk amount to trillions of dollars across the financial services industry and will continue to damage the flow of trade and services in the global economy.

Durable stability requires financial services institutions (FSIs) to moderate financial leverage, manage liquidity, and modernize their business models so as to mitigate systemic risk.

Liquidity is crucial to lubricating individual FSIs and the industry, but excess liquidity will also fuel systemic risk.

Building on immediate action by regulatory agencies in diverse financial domains, the industry needs to orchestrate global coordination to manage systemic risk. Given its essential role in systemic risk management, granular and timely data will help financial FSIs achieve a smarter balance between risks and rewards.

Technology vendors and professional services firms should seize the opportunity to develop faster and smarter solutions for integrating FSI data and risk management functions.

Topics covered in the report include...
Accountability for Systemic Risk
A New Era Unfolding in Financial Services
Opportunities for Technology in Systemic Risk Management

For more information visit

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