Enterprise Risk Management vs Traditional Risk Management

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1. Context

In this video from FRM Part 1 curriculum, we describe Enterprise Risk Management (ERM) and compare an ERM program with a traditional silo-based risk management program. The details of the reading in which this topic appears are given below:

AreaFoundations of Risk Management
ReadingEnterprise Risk Management and Future Trends
ReferenceChapter 8. Enterprise Risk Management and Future Trends In GARP Official Books (FRM Part I, FRM section) (GARP, 2020).

2. Video