Information Management and the Credit Crisis
The lack of appropriate risk information management has contributed to the recent and on-going credit crisis. Incomplete capture of risk attributes, lack of granular data, avoidance of firm-wide data views, models that do not behave correctly, etc., have played their part in the crisis. We will discuss effective risk information infrastructure, triangulation of known data, transparency, and risk monitoring. Finally, components of data quality and the impact of logical data modelling will be covered.
Dilip Krishna is the director of Teradata’s Enterprise Risk Management and Capital Markets practice in the Americas. He and his team support Teradata’s customers with consulting services and know-how in this region in all areas of risk management and capital markets.
Krishna joined Teradata in 2004. Prior to Teradata, he had more than 15 years of experience in technology and business consulting, especially in the securities business. He also brings a significant experience in the successful management of large-scale projects.
At Teradata, he and his team have consulted on risk management initiatives with several large financial corporations in the Americas and Europe. In addition, they have been involved with numerous implementations of risk management programs to meet the Basel II Accord requirements for banks.
Immediately before joining Teradata, he held the role of chief architect of the Basel II program at Canadian Imperial Bank of Commerce. Krishna has been responsible for several implementations of risk management and trading solutions across a variety of banks, dealing with for diverse financial products including fixed income instruments, interest rate derivatives and funding products for major global institutions as well as internet-based trading platforms for fixed-income products.
Krishna has authored numerous articles and whitepapers on risk data architecture, implementations and information management. He is also a contributing author to Frontiers in Risk Management. He has also spoken on this topic in a range of professional associations dealing with risk management and also writes a blog hosted by PRMIA. Krishna has an extensive and varied educational background including Chartered Financial Analyst and Financial Risk Manager designations, as well as graduate and post-graduate engineering degrees from the Ohio State University and the Indian Institute of Technology. He is a member of the CFA Institute, the Global Association of Risk Professionals (GARP) and the Professional Risk Manager’s International Association (PRMIA).
- Dilip Krishna, Information and the Credit Crisis: Culprit? Savior? Both?