Introduction

The increased incidence of failures in the financial services marketplace over the past decade has left many with pervasive uncertainty in their minds.

Risk Management is still a risky business after all.

The United States' subprime mortgage crisis and its ripple effects on the global credit markets reflect the current challenges in risk measurement and compliance approaches adopted by the financial services industry.

Banks and regulators have been forced to re-price risk and re-examine risk management practices in order to minimise subprime exposure surprises in 2008.

While 2007 has been a tough year for many, it seems that the pressure will not ease much in 2008. Treasury experts suggest that corporates will be under as much pressure as ever to improve cash management and treasury performance in 2008.

Amidst the fears and mounting losses from subprime-related investments which raised questions about risk-control management at many institutions, the 'recurrence' of the €4.9 billion loss from a rogue trader, suffered by Société Générale shocked many in the industry as the incident posses a serious threat in further damaging the credibility of the financial industry.

Prevention steps taken by financial institutions in the wake of the Barings, are likely now to be strictly reviewed.

It appears that the information gap that occurs between the industry's product development side versus the risk management and compliance side seems to be widening which presents severe implications for the financial sector as a whole.

The Pinnacle Group International, is proud to bring to you Asia's most knowledge intensive conference that focuses on treasury management, Asset Liability Management techniques, latest trading techniques and risk management and compliance methodologies.

A must for treasurers, traders, fund management and risk management practitioners.