'Risk does not manifest in isolation', say senior managers at banks

'Banks want technology to be agile and nimble'

Senior managers at banks looking after risk management see increasing use of sophisticated technology tools to effectively manage asset-liability as speed is of essence in a fast-changing market environment. This became clear from the collapse of Silicon Valley Bank (SVB) in the US. Setting off the discussion on liquidity among a panel, that included Alok Gupta, Head of Risk Management at IndusInd Bank; Biju P, Chief Risk Officer (CRO) at South Indian Bank; Damodaran C, CRO at Federal Bank; B S Venkatesha, Deputy Managing Director, CRO at National Bank for Financing Infrastructure and Development (NaBFID); Mahesh Kutty, Assistant CRO at