But, we have repeatedly argued that this strength is neither permanent nor absolute. Change is a certainty because the needs of financial consumers evolve with time. Markets, in turn, offer a richer menu of products and services that address the evolving broader needs of financial consumers.
There is a lot of thinking available on this matter, but aside from the available thinking, we have a lot of problems to solve. And this means that we need new thinking on ways to solve the problems linked to risk management. My opening remarks will take a different approach to my closing remarks at the end of the conference.