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Data Security:
An important issue for all organisations is the security of data. Just as documentation require physical security in the face of risk of theft / fire etc, electronic data needs to be secured from loss and / or compromise.
There are numerous software and hardware solutions for the backup of important data. It is imperative that organisations implement processes for the protection and storage of electronic data.
How can I calculate 10-day 99% VaR for portfolio comprising two banks by using the Historical Simulation Approach ?
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