Risk Management
Axioma acquires the regulatory and risk-reporting units of ConceptOne
March 8, 2016 - Axioma, a leading provider of risk-management and portfolio-construction solutions to financial institutions, announced today that it has agreed to acquire the regulatory-reporting and risk-reporting units of ConceptONE, a global provider of back-office investment services. Terms were not disclosed.
Basel Committee issues proposed revisions to the operational risk capital framework
March 4, 2016 - The Basel Committee has today issued for consultation proposed revisions to the operational risk capital framework.
Wolters Kluwer urges banks to explore benefits of holistic GFRC strategy in new white paper
February 22, 2016 - Banks which adopt a Governance, Finance, Risk and Compliance (GFRC) approach to their business are able to operate more cohesively by reinforcing the connective tissue that binds critical functions together. That's according to a new white paper from Wolters Kluwer that shows how GFRC encompasses all sources of risk, financial and non-financial alike, providing a foundation for processing and interpreting data in a more holistic way.
Financial Risk Solutions (FRS) set to expand operations in 2016
January 18, 2016 - Financial Risk Solutions (FRS), a provider of investment administration and compliance oversight software, has announced a range of demand-driven expansion plans, to take effect in January 2016.
Iosco puts digital disruption high up the risk agenda
March 2, 2016 - International securities regulatory body Iosco has identified the disruptive threats from technological innovation as a key risk factor facing financial markets in 2016.
Capital Markets 2016: Data, Disruption and Regulation
February 4, 2016 - Software AG (Frankfurt TecDAX: SOW) today shared its predictions for capital markets in 2016, derived from its expertise, market observations and interactions with its customers.
Housing and Development Bank chooses Wolters Kluwer for risk management
January 15, 2016 - Housing and Development Bank (HDB), a major Egyptian bank that is approximately 60% state owned, has selected Wolters Kluwer Financial Services to provide its risk, regulatory reporting and operational risk software solutions.
Doosan Babcock selects Active Risk Manager for risk management across organization
March 1, 2016 - Sword Active Risk has announced that Doosan Babcock, a specialist in the delivery of engineering, aftermarket and upgrade services to the energy sector, has selected Active Risk Manager (ARM) to manage risk across customer sites and projects. Doosan Babcock provides technologies to major organizations operating plants for nuclear, thermal power and for the oil and gas industries. The selection of ARM was as a result of its industry pedigree, having been deployed by many leading energy companies with large-scale infrastructure projects worldwide.
Sword Active Risk announces strategic partnership with JukesTodd to help companies maximise their risk management investment
February 2, 2016 - Sword Active Risk, a supplier of risk management software and services, has announced a partnership with JukesTodd. The relationship brings together market leading enterprise risk management solutions with deep industry knowledge and expertise to deliver unparalleled business benefits for new and existing customers.
Wolters Kluwer Financial Services Wins #1 Rankings for IFRS 9 and Regulatory Reporting in Chartis RiskTech100®
January 12, 2016 - Wolters Kluwer Financial Services has been named as the top provider of IFRS 9 and Regulatory Reporting solutions globally. That's according to the annual Chartis RiskTech100® report, a comprehensive study of the world's most significant risk and compliance technology companies. The company garnered the No. 6 spot overall of 100 ranked firms, marking the sixth consecutive year it has been rated among the top 10 firms.
Ponemon Institute Study Reveals Risk of SAP Cyber Breaches Vastly Underestimated by C-Suite
February 24, 2016 - Ponemon Institute today released the results of the industry's first research survey on SAP cybersecurity, sponsored by Onapsis, demonstrating that more than half of companies surveyed, 56 percent, believe it is likely their company would have a data breach due to insecure SAP applications. This same group indicates their company's SAP platform has been breached an average of two times in the past 24 months, yet 63 percent indicate C-level executives tend to underestimate the risks associated with insecure SAP applications, the systems that run the most critical business operations and data for Global 2000 organizations.
Wolters Kluwer predicts take up of cloud computing, Business Process Outsourcing and big data by Australian firms
January 22, 2016 - Global risk and regulatory technology firm Wolters Kluwer Financial Services predicts that 2016 will be the year where the financial industry in Australia will begin "catching up" with its counterparts. The industry will achieve this by leveraging technologies and business models such as cloud computing, Business Process Outsourcing (BPO) and big data.
Nice Actimize chosen by SunTrust Banks for enterprise risk case management
January 12, 2016 - Nice Actimize, a Nice Systems (NICE) business and the largest and broadest provider of financial crime, risk and compliance solutions for the financial services industry, was selected by SunTrust Banks, Inc. for its Enterprise Risk Case Management (ERCM) solution to consolidate the firm's financial crime investigations processes.