CAMBIO TECNOLOGICO EN LA ADMINISTRACION DE RIESGOS FINANCIEROS: EL CASO MEXICANO

Abstract

This paper presents an integral strategy for risk management sustained in technological change. In Mexico, technological change has been shy, fragile, and partial, and in general is far from the expectations of a changing environment. The methodologies and applications available in risk management are matched, in general, to paradigms different from our reality. The generalized adoption of techniques and models without the proper adaptation to our reality, has not only shown to be inefficient, but it has also generated greater volatility and turbulence in the financial markets. Based on of a detailed dignostic of the current situation of the risk management in Mexico, the main conclusion of this research is that risk managers should be committed with technological change. Finally, the paper provides a set of recommendations for financial institutions about risk management and technological change.