Summary:
PRMIA HyderabadThe Chief Guest of the event, Shri N Rangachary, advocated setting up National Assets Depository Ledger (NADEL) to address business risks and data privacy in the Indian financial sector. The core question is how the unknowns in our financial sector trigger heavy regulatory fiat and bailouts at regular frequency despite such statistical sophistication, mathematical modeling and advancement in computing modeling." "Global Financial crisis in 2008-09, the Asian crisis in the 1990s, or the current COVID-19 pandemic are Black Swan or 3-sigma events now occurring more frequently. Ken Radigan, CEO of PRMIA Global, thanked volunteers for the excellent work. Nirakar Pradhan, CEO of PRMIA India, welcomed guests and highlighted its impressive journey in India during the last two years..