Dec 17, 2015
• DTCC Connection
Understanding the Connections That Could Increase Systemic Risk
The interconnectedness of the financial system helps to reduce risk in the capital markets, but it also has the potential to increase systemic risk, according to Michael Leibrock, Managing Director, Chief Systemic Risk Officer, DTCC. It is crucial for a firm to understand its interconnectedness to other participants in the financial ecosystem, particularly if a critical component of a network should fail. In this TABB Forum interview, Leibrock discusses his views on interconnectedness risk and key concepts from a recent DTCC white paper on this topic.
Watch the video