财务风险和财务风险管理技术：问题和优势外文翻译.docVIP

本科毕业论文（设计） 外 文 翻 译 题 目 浙江企业集团财务风险管理问题研究 专 业 财 务 管 理 一、外文原文 原文： Financial risk and financial risk management technology (RMT): issues and advantages Methods for sound risk management are of increasing interest among Wall Street investment banking and brokerage firms in the aftermath of the October 1987 crash of the stock market. As the knowledge of advanced technology applications in risk management increases, financial firms are finding innovative ways to use them practically, in order to insulate themselves. The recent development in models, the software and hardware, and the market data to track risk are all considered advances in Risk Management Technology (RMT). These advances have affected all three stages of risk management: the identification, the measurement, and the formulation of strategies to control financial risk. This article discusses the advances made in five areas of RMT: communication software, object-oriented programming,，parallel processing, neural nets and artificial intelligence. Systems based on any of these areas may be used to add value to the business of a firm. A business value linkage analysis shows how the utility of advanced systems can be measured to justify their costs. Over the last ten years, major securities firms, money center banks and other commercial and savings banks have undertaken financial commitments involving risks they did not fully understand, resulting in major losses and unexpected write offs. As a result, senior managers are seeking new ways to identify, evaluate, and predict changes in financial risks. Investing in information technologies (ITS) that improve the control of risk -- a new area which we term risk management technology (RMT) -- is one approach that is increasingly viewed as being able to affect the strategic and competitive position of financial firms. In 1990 a joint project was initiated between the Stern School of Business, New York University and