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Managing risk is an old habit of human beings. In our day-today life, we seem to always be worried about future risks. As a result, we end up investing in insurance or other investment instruments to secure ourselves against those unseen risks. Accidents, environmental disasters, bankruptcy, loss in business and death are risks that have plagued us since time immemorial. Generally, we cannot get a complete shield against may potential risk, but we can adopt appropriate proactive measures to mitigate every risk. The same concept applies to the financial services industry too. However, managing risk individually seems to be less talked about today, while enterprise-wide risk ...