Cloud and Country risk: Difference between pages

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''Information technology''.
The risk that a country or an entity within a country will not be able to honour its financial obligations.  


The 'cloud' is a network of remote computer servers, accessed via the internet, for the storage, management and processing of data.
Exposures can arise from - for example - interruption of business at the country level (political sovereign risk), currencies being blocked from cross-border repatriation (transfer risk) and central bank liquidity shortages preventing conversion (convertibility risk).


Contrasted with the use of a local server or a personal computer.
== See also ==
* [[Exposure]]


==See also==
*[[Cloud computing]]
*[[Cloud technologies]]
*[[Internet]]
*[[SaaS]]
*[[Server]]
*[[TaaS]]
[[Category:Technology]]

Revision as of 14:19, 23 October 2012

The risk that a country or an entity within a country will not be able to honour its financial obligations.

Exposures can arise from - for example - interruption of business at the country level (political sovereign risk), currencies being blocked from cross-border repatriation (transfer risk) and central bank liquidity shortages preventing conversion (convertibility risk).

See also


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