Risk Management
RIMS analyses of root causes of loss
July 25, 2013 - Risk management professionals who've traditionally used a root cause analysis approach after an adverse risk event are increasingly using this same management strategy to "plan forward", according to the Risk Management Society (RIMS) latest report.
Institutions have a reactive short-term view to risk management - report
July 23, 2013 - New global research undertaken by SunGard has found that banks continue to take a short-term view when it comes to risk management priorities, which is impacting future competitive advantage and profitability.
Wynyard Group's Financial Crime Solutions Named in Two Leading Global Risk Research Reports
July 9, 2013 - Wynyard Group, the specialists in intelligence-led software and solutions for protecting companies and countries from threat, crime and corruption, has been named amongst leading vendors in the Chartis RiskTech Quadrants™ for both the Chartis Anti-Money Laundering Solutions 2013 and Chartis Enterprise Fraud Management Solutions 2013 reports.
Yale School of Management and EDHEC-Risk Institute present joint Certificate in Risk and Investment Management
June 19, 2013 - Yale School of Management and EDHEC-Risk Institute are pleased to announce the launch of a joint Executive Seminar series in the United States and Europe. Participants in this seminar series will be able to acquire the Yale School of Management — EDHEC-Risk Institute Certificate in Risk and Investment Management.
SOFGEN partners with NetGuardians for operational risk solution
July 19, 2013 - SOFGEN Holdings Limited (SOFGEN), an international provider of IT solutions for banks, has announced a worldwide partnership with NetGuardians SA to bring the latter's cross-platform operational risk mitigation software to banks.
CSA creates regulatory framework to address direct electronic access risks
July 5, 2013 - The Canadian Securities Administrators (CSA) today announced that it has issued amendments to National Instrument 23-103 Electronic Trading (NI 23-103), which will establish a consistent framework for the offer and use of direct electronic access (DEA) and address the financial and regulatory risks associated with DEA.
UK risk managers cite cybercrime and data privacy as top concerns
June 14, 2013 - Cybercrime and data privacy are cited by UK company risk managers as the most concerning issue facing their business, according to research performed by insurer ACE at the recent annual conference held by Airmic, the UK association for risk and insurance managers.
Riskskill Warns That Mobile Payments Sector Could Face A ‘Cocktail’ Of Risks
July 11, 2013 - Leading corporate risk prevention consultancy and analyst Riskskill, a division of UKFraud, is warning that the expected rapid growth of the global mobile payments market will create a potential cocktail of different risks that pose new challenges for risk managers and other stakeholders in the sector.
Thomson Reuters Launches New Look Accelus Risk Manager and Delivers Unified Platform Approach for Governance, Risk & Compliance
July 2, 2013 - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced the development of a new user interface for Accelus Risk Manager (ARM), which will bring enhanced risk management and risk reporting capabilities to governance, risk and compliance functions within organisations.
Foresters Selects Compliance Assurance Corporation Platform for Regulatory Risk Management
June 13, 2013 - Compliance Assurance Corporation (CAC), a leading provider of regulatory compliance solutions for the insurance industry, has announced that multi-national life insurance provider Foresters™ has selected CAC's Comply On Demand Enterprise (CODE) platform to minimize risk exposure and maintain compliance with insurance regulation in the United States.
Quantifi and Ernst & Young Survey Reveals Banks Are Not Ready for Counterparty Risk Elements of Basel lll
July 10, 2013 - Quantifi, a leading provider of analytics, trading and risk management solutions for the global OTC markets, Ernst & Young and PRMIA recently hosted a joint seminar in London on 'Managing Counterparty Risk & Basel lll'. Over 120 senior traders and chief risk officers from leading global and regional banks who attended the seminar were surveyed to gain insight into the approaches taken towards counterparty credit risk and Basel lll.
EDHEC welcomes IOSCO’s ETF principles, calls on regulators and industry to adopt high standards of transparency
July 1, 2013 - EDHEC-Risk Institute welcomes the Principles for the Regulation of Exchange Traded Funds (ETFs) released by the International Organisation of Securities Commissions (IOSCO) on 24 June 2013, which are broadly consistent with EDHEC-Risk Institute's research on ETFs[1] and recommendations[2], but deplores the timidity of the organisation's proposals on index transparency and calls on regulators and index providers to adopt standards on par with those recently defined for European Undertakings for Collective Investment in Transferable Securities (UCITS).
MEGA Unveils New Solutions for Achieving Operational Excellence
May 30, 2013 - MEGA, a leading provider of enterprise architecture (EA), application portfolio management (APM), and governance, risk, and compliance (GRC), today announced the release of a new range of software solutions and services designed to help businesses achieve operational excellence.