🛡️ Financial Risk Management (FRM)
Financial Risk Management (FRM) is the strategic process of identifying, analyzing, measuring, and mitigating various financial threats that could negatively impact a company's assets, cash flow, earnings, or long-term viability. It is a critical function for businesses and financial institutions in an increasingly volatile global economy.
The primary goal of FRM is not to eliminate risk (as risk often accompanies reward), but to manage exposure to potential losses and ensure the organization's financial stability and resilience.
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