Financial Conglomerates Risk Management. / Кузнецова, Н.П.
Current issues in Management of business and society development. Proceedings of the conference 5-7.05.2011. 2011. p. 373.Research output: Chapter in Book/Report/Conference proceeding › Article in an anthology
}
TY - CHAP
T1 - Financial Conglomerates Risk Management
AU - Кузнецова, Н.П.
PY - 2011
Y1 - 2011
N2 - Processes of globalisation, liberalisation and concentration of the financial capital, have generated new outlines of a world economy. The financial convergence as a new phenomena of contemporary financial system presupposes assimilation of banks, insurance, investment, pension funds, etc. and allows three basic forms of financial conglomerates coexistence: bankassurance, assurfinance, allfinance, meaning transition from product-oriented to client-oriented strategy of the integrated financial products sales. Financial conglomerates create specific risk management strategy which regulates: consumption market risk, potential conflict of partners’ interests, informational technologies risk, deregulation risk.
AB - Processes of globalisation, liberalisation and concentration of the financial capital, have generated new outlines of a world economy. The financial convergence as a new phenomena of contemporary financial system presupposes assimilation of banks, insurance, investment, pension funds, etc. and allows three basic forms of financial conglomerates coexistence: bankassurance, assurfinance, allfinance, meaning transition from product-oriented to client-oriented strategy of the integrated financial products sales. Financial conglomerates create specific risk management strategy which regulates: consumption market risk, potential conflict of partners’ interests, informational technologies risk, deregulation risk.
KW - financial convergence
KW - financial conglomerate
KW - risk management.
M3 - Article in an anthology
SP - 373
BT - Current issues in Management of business and society development. Proceedings of the conference 5-7.05.2011
ER -
ID: 4514535