Risk Management
Fincad releases F3 platform for enterprise valuation and risk analytics
April 23, 2014 - Fincad, the leading provider of OTC derivatives pricing and risk management solutions, today announced the availability of its F3 Platform, designed for enterprise valuation and risk analytics solutions.
Wolters Kluwer Financial Services Highlights Key Steps towards Enterprise Stress Testing
April 17, 2014 - Experts at Wolters Kluwer Financial Services have outlined key steps when developing an effective risk management framework and strategy to the EU stress testing exercises, which began in 2014. Through applying an integrated balance sheet modelling approach and aligning the planning and stress testing framework with regulatory requirements, ICAAP/ILAA processes, financial and budgeting processes, financial institutions can not only develop an effective program to meet the ECB and EU regulators' stress test requirements, but also embed a risk management culture which supports a sustainable business model.
SunGard Tops Six Categories in Energy Risk Magazine’s 2014 Software Rankings
March 27, 2014 - SunGard has been ranked number one in six categories of Energy Risk magazine's annual Software Rankings 2014. SunGard was voted the best energy trading and risk management (ETRM) system for regulatory compliance, access to multiple OTC cleared energy markets, power, front office and trade capture, best market knowledge, and ease of integrating with other systems.
Regulatory & Risk Management Burden Grows Heavier for U.S. Banks and Credit Unions
March 18, 2014 - U.S. banks and credit unions are carrying a much heavier regulatory and risk management burden than they were a year ago. That's according to the results of the latest Regulatory & Risk Management Indicator for the U.S. banking industry issued today by Wolters Kluwer Financial Services, a comprehensive provider of risk management, compliance, finance and audit solutions and services.
As cyber threat grows, EU regulators warn FS firms on IT budgets
April 3, 2014 - Europe's financial institutions have been told by regulators that they must protect their IT budgets in order to guard against the growing threat of cyber attacks.
Firms raising spending on systemic risk mitigation - DTCC
March 27, 2014 - Despite an apparent ease in fears of a systemic risk event happening in the next 12 months, a recent survey conducted by The Depository Trust & Clearing Corporation (DTCC) revealed that a vast majority of financial firms have increased spending on systemic risk mitigation.
World's largest mobile payment survey highlights increased perception of risk with mCommerce
March 17, 2014 - The world's largest mobile payments and fraud survey has indicated that merchants are becoming more aware of the dangers fraudulent attacks pose to their business and, as a result, have realised that specialised tools and technology are required to protect their mCommerce operations.
RiskShield is selected by Zurich Insurance Group (Zurich) to prevent fraudulent claims
April 2, 2014 - INFORM GmbH and arvato infoscore, both global companies specializing in software, credit information and fraud detection using intelligent process optimization logic to improve business productivity, announces that RiskShield has been selected by Zurich to serve as a fraud detection solution for their counter fraud efforts across their global network of subsidiaries in emerging countries.
Compliancy Services selects Lombard Risk REPORTER to provide clients with EBA/COREP/XBRL regulatory returns submission services
March 24, 2014 - Lombard Risk Management plc (Lombard Risk), a leading provider of integrated regulatory reporting, compliance and collateral management solutions for the financial services industry, is pleased to announce that Compliancy Services has selected Lombard Risk's cloud-based version of REPORTER to provide their clients with EBA / COREP / XBRL regulatory returns submission services.
Broadridge selects Lombard Risk to power collateral management platform
March 13, 2014 - Broadridge Financial Solutions, Inc. (NYSE:BR), a leading provider of technology-driven solutions for financial firms and corporate issuers globally, together with Lombard Risk Management plc, (LSE:LRM), a leading provider of integrated collateral management, regulatory compliance and reporting solutions, today announced they have formed a global alliance to address changing industry needs in the collateral management sector.
Lombard Risk announces REPORTER cloud for COREP/XBRL regulatory submissions
March 27, 2014 - Lombard Risk Management plc (Lombard Risk), a leading provider of integrated regulatory reporting and compliance, liquidity and collateral management solutions for the financial services industry, announces REPORTER cloud for COREP / XBRL regulatory submissions.
PwC Survey Finds Market Shifts and Business Transformation Are Exposing Companies to Critical Gaps in Risk Management
March 19, 2014 - Internal business changes intended to address dynamic market shifts have created a more complex risk landscape for businesses around the globe. Compounding this problem, according to the PwC USRisk in Review report, "Re-evaluating how your company addresses risk," is that traditional risk management systems have not evolved fast enough to monitor, track and manage today's intensified risk climate.
MEGA Named a Strong Performer in GRC Solutions by Analyst Group
March 13, 2014 - MEGA, a recognized leader in governance, risk, and compliance solutions, has been cited by Forrester Research, Inc. in "The Forrester Wave™: Governance, Risk, and Compliance Platforms, Q1 2014".