Before revision: Finance As applied to finance, risk management concerns the techniques and practices for measuring, monitoring and controlling the market- and credit risk (and operational risk) on a firm's balance sheet, on a bank's credit- or trading book , or re a fund manager's portfolio value; for an overview see .
After revision: Finance As applied to finance, risk management concerns the techniques and practices for measuring, monitoring and controlling the market- and credit risk (and operational risk) on a firm's balance sheet, on a bank's credit exposure , or re a fund manager's portfolio value; for an overview see .