IT Portfolio management for CTRM: functional scalability

Should we buy a solution or go in-house? Which language and tools? How can we match business requirements with technology? What about future extensions? These are frequently raised questions in IT portfolio management. It is highly relevant for risk management, which has fairly complex functional requirements and many tools are utilized to fulfill the business requirement. In my previous articles, I described the complexity of managing daily VaR – which is only a part of a risk management – and a supporting IT framework we have developed over years. In this post, I will briefly describe an IT portfolio management strategy for risk management by introducing the concept of cost-functionality optimization and functional scalability, which provides philosophical background to our framework. Continue Reading in LinkedIn