as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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how do financial firms manage funding liquidity risk?
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financial firms manage funding liquidity risk by establishing and maintaining liquidity management systems to assess their prospective funding needs and ensure funds are available at appropriate times, incorporating costs and profitability targets.
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