February 27, 2012 - The Securities and Exchange Commission today released an alert to help firms prevent and detect unauthorized trading in brokerage and advisory accounts.The Risk Alert issued by the agency's Office of Compliance Inspections and Examinations (OCIE) notes that although broker-dealers and investment advisers are subject to different regulatory requirements, both face similar risks of financial and reputational losses arising from unauthorized trading.

January 26, 2012 - Formicary Ltd, a software and systems integration provider, is stressing the importance tobanks of maintaining their Default Management systems and procedures. The advice comes as banks facestringent new clearing house requirements in 2012. In anticipation of the extensive preparation needed by banks to meet the regulations, Formicary has expanded its dedicated team that designs and implementsDefault Management Systems at member banks.

December 5, 2011 - OTC clearing reform will not reduce systemic risk, according to 50% of market participants surveyed at a recent industry debate. Nevertheless, 79% have identified the need for collateral optimisation within their organisations, driven by regulatory changes on the horizon.

February 21, 2011 - Globally, Celent expects firms to spend in excess of $35 billion in 2012 on core risk management and risk-related regulatory compliance. These constitute a significant part of total technology spending across banking, insurance, securities, and investment management sectors in North America, Europe, and Asia-Pacific, growing to $50.6 billion in 2015.

January 24, 2012 - Integrating IT risk and enterprise risk management is essential to the overall health of an enterprise’s infrastructure. To provide audit and assurance professionals with the most up-to-date guidance on IT auditing, risk management and strategic alignment, ISACA, a nonprofit association serving 95,000 IT professionals in 160 countries, has developed new audit/assurance programs:

December 1, 2011 - Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced the results of its Annual Global Investment Management Survey. Key findings include the recognition of regulation as a present and future challenge; a clear move towards cloud computing and hosted environments; plus risk and trading systems as top IT priorities. Despite a small number of downbeat pronouncements, the majority predicted market growth in 2012.

January 31, 2012 - The number of IT professionals seeking the CRISC (Certified in Risk and Information Systems Control) certification continues to rise rapidly. More than 16,000 professionals have earned the CRISC designation since the certification was introduced just over 18 months ago.

December 20, 2011 - The Federal Reserve Board on Tuesday proposed steps to strengthen regulation and supervision of large bank holding companies and systemically important nonbank financial firms. The proposal, which includes a wide range of measures addressing issues such as capital, liquidity, credit exposure, stress testing, risk management, and early remediation requirements, is mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

November 8, 2011 - Technology investments in risk management infrastructure by banks will reach $74 billion by 2015, a report has revealed. A study by IDC Financial Insights showed that growth in risk management spending will be faster than the total amount of investment in technology within the financial services sector.

January 31, 2012 - Despite last year's decline in US bank failures, at least 758 lending institutions are at risk of failure over the next two years, according to an analysis by Invictus Consulting Group, which conducts stress and sustainability tests on all FDIC-insured banks for regulators, banks and investors.

December 19, 2011 - Citi has been ordered to overhaul its risk management systems by Japan's Financial Services Agency, which has sanctioned the US bank for the way it has tried to sell investment products to retail customers.

October 31, 2011 - The Commodity Futures Trading Commission (CFTC) today approved a final rule requiring certain advisors to private funds that are dually registered with the CFTC and the Securities and Exchange Commission (SEC) to report information to the SEC for use by the Financial Stability Oversight Council (FSOC) in monitoring risks to the U.S. financial system. The SEC approved the joint rule on October 26, 2011.