ART products Flashcards
1
Q
Acronym?
A
DESCARTESCISH
2
Q
D
A
Diversification
3
Q
E(1)
A
Exploit risk as opportunity
4
Q
S(1)
A
Solvency management / Source of capital
5
Q
C(1)
A
Cheaper than alternative?
6
Q
A
A
Available when alternatives are not?
7
Q
R
A
Results are smoothed
8
Q
T
A
Tax advantages
9
Q
E(2)
A
Effective risk management
10
Q
S(2)
A
Security improved
11
Q
C(2)
A
Customisation and timing
12
Q
I
A
Improved organisational focus
13
Q
S(3)
A
Simplified administration
14
Q
H
A
Help establish market price of risk
