The challenges that companies have faced since the globalfinancial crisis have heightened corporate treasurers' focus onrisk management. A recent survey by FIS, a provider of banking and paymenttechnology, shows a pickup in the portion of corporates that haveformal risk management policies, as well as an increase in theshare of companies that award themselves a decent grade on riskmanagement.

The executives surveyed still see challenges in a number of riskmanagement areas, though, including market risk and creditrisk.

FIS, which acquired treasury systems provider SunGard last year,surveyed treasury and finance executives at more than 100 companiesaround the world, 68% of which had annual revenue of more than $1billion.

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Susan Kelly

Susan Kelly is a business journalist who has written for Treasury & Risk, FierceCFO, Global Finance, Financial Week, Bridge News and The Bond Buyer.