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10/19/16 - Accepting What You Don't Know Is Crucial to Detecting Risk

Promontory Managing Director William Lang published a column in American Banker on how assessing what you don’t know is crucial to detecting risk.

“Focusing on anomalies and unknowns is particularly important for financial risk analytics given how risks emerge in the marketplace,” Lang said. “Financial market risks evolve and grow precisely because they are risks that avoid detection by the prevailing measurement systems.”

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