The biggest use of block chain technology in risk management is smart contracts. A smart contract refers to an automated form of agreement wherein its terms and conditions are incorporated directly into lines of codes. https://finxl.in/financial-modelling-online-classes-courses-training.html

Each time a transaction is made, a record of that transaction is noted in a decentralized ledger, making the latter an immutable and publicly readable entry for authorized parties. Thus, fraud and even the alteration of data cannot take place because once entered in a record, these can never be changed. https://finxl.in/equity-research-online-clas

Block chain and Distributed Ledger Technology Block chain is rewriting the rules in risk management given the transparency and security added to transactions.

As a result of big data, any institution can track on a continuous basis what is happening in the marketplace, the general feeling or sentiment of the customers and other external factors at play, and hence quickly update portfolio strategy or alter credit policies if so required. In the credit risk arena, big data analytics provides more advanced

As a result of big data, any institution can track on a continuous basis what is happening in the marketplace, the general feeling or sentiment of the customers and other external factors at play, and hence quickly update portfolio strategy or alter credit policies if so requiredhttps://finxl.in/maharashtra/investment-banking-online-classes-courses