Risk Management
New Reval 13.1 Combines Flexibility with Control for Treasury and Risk Management
October 27, 2013 - Reval, a leading global provider of comprehensive and integrated Software-as-a-Service solutions for Treasury and Risk Management (TRM), announced today from the Association for Financial Professionals' annual conference in Las Vegas that it has released its new version 13.1, the second this year of two regularly scheduled, annual upgrades. The single-version, multi-tenant SaaS TRM provides multinationals with new functionality and workflow that deliver both control and flexibility to satisfy central and regional treasury needs (visit Reval at booth #525).
Rutgers University to Inaugurate Center of Excellence for Financial Risk Management at Upcoming Conference
October 23, 2013 - Rutgers University has announced the establishment of Rutgers Center of Excellence in Financial Statistics and Risk Management (FSRM). The Center's mission is to serve as a central platform for interdisciplinary research and collaboration between academic researchers, students and practitioners in the financial industry. The inauguration will take place at Rutgers Statistics for Financial Risk Management Conference on November 7, 2013.
New COBIT 5 for Risk Provides Guidelines to Manage Increased IT Risk
September 24, 2013 - From cyberattacks and malicious employee actions to hacks into corporate social media accounts, 2013 is turning out to be a watershed year for technology-related enterprise threats. Organizations must integrate technology risk much more aggressively into enterprise risk management (ERM) if they want to reduce future loss and improve business performance, says a new guide from global IT association ISACA.
FCA kicks off review into mobile banking risks
August 27, 2013 - The UK's Financial Conduct Authority (FCA) has published an interim report exploring some early findings of a review into mobile banking services, setting out the possible risks to consumers and areas that firms should consider when developing their services.
Tripwire Debuts Tripwire IP360 Express
October 17, 2013 - Tripwire, Inc., a leading global provider of risk-based security and compliance management solutions, today announced Tripwire® IP360 Express, a new, competitively priced vulnerability management bundle specifically designed for small and medium businesses.
Numerix Signs Partnership Agreement with MH Derivative Solutions
September 16, 2013 - Numerix, the leading provider of cross-asset analytics for derivatives valuations and risk management and MH Derivative Solutions (MHDS) today announced a new partnership agreement. As an independent resource, MHDS will provide market training to existing Numerix users and offer support for product research.
IBM Unveils New Big Data and Analytics-based CFO Dashboard to Boost Enterprise Risk Management
August 21, 2013 - IBM today announced the industry's first integrated enterprise risk management solution that helps financial services clients maximize profitability, ease compliance and boost risk- aware decision making.
Corvil launches real-time op risk and compliance monitoring tool for e-trading infrastructure
October 14, 2013 - Corvil, provider of a leading monitoring platform for financial markets, today announced the first real-time general purpose risk and compliance monitoring solution for all kinds of electronic trading businesses.
Moody’s Analytics Launches RiskFrontier™ 3.4 with New Combined Regulatory & Economic Capital Measures
September 11, 2013 - Moody's Analytics, a leader in risk measurement and management, today announced the release of RiskFrontier™ 3.4, the latest version of its award-winning portfolio management and economic capital solution for banks, insurance companies, asset management firms, and corporations. RiskFrontier 3.4 adds a new risk measure that combines regulatory and economic capital into a single metric.
FS risk officers consider IT systems significant problem - survey
July 29, 2013 - Chief risk officers at banks and other financial institutions believe their IT systems and infrastructure present a significant problem, according to a Deloitte Touche Tohmatsu survey.
Discontinuation of support for Microsoft XP poses operational risks to banks - FFIEC
October 9, 2013 - The Federal Financial Institutions Examination Council (FFIEC) has warned that plans by Microsoft to discontinue support for the XP operating system pose operational risks for banks that still use it.
MORS Software 2013 Liquidity Risk Management survey shows intra-day liquidity risk management projects in banks not yet completed
September 9, 2013 - MORS Software today published the results of their annual Liquidity Risk Management survey carried out in May, June and July 2013 which highlighted the importance of intra-day liquidity risk monitoring for most banks while pointing out that many banks have not yet completed their intra-day liquidity risk projects.
OpenGamma and Risk Focus Partner to Deliver Real-Time Risk Management Solutions
July 29, 2013 - OpenGamma, creators of the first open source analytics and risk management platform for the financial services industry,today announced that it is has partnered with Risk Focus, a specialist consultancy delivering enterprise risk management, derivatives trading and connectivity solutions.