A new risk management approach deployed over a client/server distributed functional architecture

Abstract

This paper shows our experience in the development of a large, scalable and reliable client/server risk management information system. It was developed using the distributed functional language Erlang for describing the domain logic and the imperative language Java for the thin-client interface. The robust system architecture, and the extensibility and adaptability of the framework to any business model, are the main novelties of this work in the field of risk management information systems. This paper provides a semi-formal and non-technical explanation about the system internals.