Risk Management
Asset managers to ramp up oversight automation to manage operational risk, according to research
May 29, 2014 - Asset managers are feeling unprepared for future challenges despite already making strides to improve fund oversight, according to a survey of North American institutional asset managers.
Chartis Recognizes Wolters Kluwer Financial Services as a Leading Operational Risk Management Provider
May 28, 2014 - Chartis Research has named Wolters Kluwer Financial Services a Category Leader and top-rated provider for the financial services industry in its RiskTech Quadrant ® on Operational Risk Management Systems for the second year in a row.
Lombard Risk offers FREE on-line “XBRL-Checker” to help firms resolve validation errors in EBA / FCA GABRIEL regulatory submissions
May 19, 2014 - Lombard Risk Management plc (Lombard Risk), a leading provider of integrated regulatory reporting, compliance and collateral management solutions for the financial services industry, offers firms a FREE, on-line facility to help resolve XBRL validation errors encountered when submitting EBA regulatory reports to FCA or CBI.
Aspect Enterprise Solutions Named In CIO Review's 20 Most Promising Risk Management Solution Providers
May 8, 2014 - Aspect Enterprise Solutions, the leading multi-commodity Cloud commodity trade and risk management solution provider, announced that CIO Review Magazine has named it as one of the Top 20 Most Promising Risk Management Solution Providers for the Capital Market.
Regulatory pressures force pace of change in counterparty risk/CVA management but wide variation in practices remain
May 22, 2014 - InteDelta, a risk management consultancy, has collaborated with Murex to produce an industry research White Paper titled "CVA and Counterparty Risk Management: a survey of management, measurement and systems".
Risk spending consuming bigger share of IT budgets - IDC
May 15, 2014 - Spending on risk management by capital markets firms is expected to consume one-quarter of IT budgets by 2018, according to forecasts by IDC Financial Insights.
BofA Merrill GTS Pioneers Trade Risk Distribution Dialogue in Asia Pacific
May 2, 2014 - Banks are increasingly looking to distribute trade assets to global investors as regulatory reform focusing on leverage and liquidity ratios forces lenders to optimize balance sheet management and strategy.
Risk Reduction: #1 Concern of Bank Boards
May 22, 2014 - The Bank Director's 2014 Risk Practices Survey reveals some very interesting information about the risk management programs that bank boards have in place.
Reval upgrades treasury and risk management tech
May 14, 2014 - Reval announced today that it has released Reval 14.0, a new version of its comprehensive and integrated Software-as-a-Service (SaaS) solution for Treasury and Risk Management (TRM). The first of two annual upgrades, Reval 14.0 enables treasurers to lead their organizations through global growth.
Swift launches tool to help banks manage financial crime risk
April 29, 2014 - Swift continues to build up its compliance unit through the launch of a business intelligence tool that lets banks comb through their own Swift traffic data in search of financial crime risks.
Thomson Reuters upgrades Accelus Risk Manager
May 20, 2014 - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced the delivery of several significant enhancements to its award winning Accelus Risk Manager, which will enable organisations to further strengthen their approach to enterprise risk management.
Crédit Agricole CIB simplfies risk mamangement with Invivoo
May 12, 2014 - Invivoo's XComponent software solution rationalises, secures and enhances existing IT developments pertaining to certain market-risk calculations by steering them towards real-time capability.
Bank of America Names Laughlin President of Strategic Initiatives, Greener Chief Risk Officer
April 24, 2014 - Bank of America Corporation today announced that Chief Risk Officer Terry Laughlin is moving to a new role as president, Strategic Initiatives. Geoffrey Greener, Enterprise Capital Management executive, will become chief risk officer.