Autor: dr Vesna Matić
JEL: C87, G21, L2
Summary: The awareness of exposure to business risks, and the need and possibilities for managing them, initiated the development of risk management, along with the development of tools that banks can use throughout this process. The entire process is a result of recent developments, whose dynamics and results have been considerably influenced by the advancement of information technologies. They have enabled the formation of databases, as basic tools for exposure management, at the same time opening numerous other possibilities for the development of new, modern tools for exposure measurement, both in relation to certain types of risk, and in relation to aggregate exposure.