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Financial Risk Management Software (FRMS) is a type of software used by financial institutions to identify, measure, and manage the risks associated with their operations. FRMS helps financial institutions to identify and assess potential risks, develop strategies to mitigate them, and monitor their progress. It also helps to ensure compliance with regulatory requirements and industry standards. FRMS can be used to manage a variety of risks, including credit, market, liquidity, operational, and legal risks.
FRMS can be used to analyze and monitor financial data, identify potential risks, and develop strategies to mitigate them. It can also be used to monitor the performance of investments and portfolios, and to generate reports and alerts. FRMS can be used to automate processes, such as risk assessment and reporting, and to provide real-time insights into the financial health of an organization.
Some companies in the Financial Risk Management Software market include FIS, Oracle, SAS, Moody's Analytics, and Bloomberg. Show Less Read more