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.
system
what measurement tools are recommended for assessing liquidity risk?
user
firms should use multiple measurement tools to assess their balance sheet and provide forward-looking analysis of liquidity exposures, including quantitative methods and qualitative tools like setting limits, establishing early warning indicators, and conducting stress tests.
assistant