Generic Management als Ansatz für ein integriertes Risikomanagement im Spannungsfeld Basel III und Solvency II

This work analyses risk management systems with a focus on generic risk management. It is the aim to implement an integrated risk management approach within a company’s controlling process. When such a company specific risk strategy is chosen, changes in the organizational structure seem to be almost unavoidable. Thereby a tailored risk policy lies at the heart of a risk-oriented corporate management. The regulatory regimes Basel III and Solvency II make corporate financing more and more difficult, requiring value-based and risk-oriented management decisions. One of the driving forces behind such a new risk culture is certainly the prospect of a better credit rating. How to adopt the controlling process? A balanced scorecard as part of an effective early warning system is certainly a good way forward. As a consequence, such a well-functioning risk management system increases both competitiveness and the company value.