Risk Management
Pictet Group selects Wolters Kluwer financial risk management tech
October 7, 2014 - Wolters Kluwer Financial Services announced today that the Pictet Group, the Switzerland-based independent wealth and asset manager, has selected its Financial Risk Management solution for operations at its head office in Geneva.
BlackIce Enterprise and Quartet FS announce partnership for Enterprise Risk Aggregation
October 2, 2014 - BlackIce Enterprise Risk Management Inc. (BlackIce) (CSE: BIS), a global enterprise risk management technology provider and Quartet FS, a provider of in-memory analytics technology today announced a new partnership agreement.
Banks warned on IT Risks
September 22, 2014 - EU supervisory authorities are warning banks to reinforce IT controls and audits on third-party technology providers and to ringfence budgets related to operational risk.
SEC creates new data-driven risk assessment office
September 12, 2014 - The Securities and Exchange Commission today announced the creation of a new office within the Division of Economic and Risk Analysis (DERA) that will coordinate efforts to provide data-driven risk assessment tools and models to support a wide range of SEC activities.
Iosco publishes second securities market risk outloook
October 2, 2014 - The International Organization of Securities Commissions (IOSCO) today published the IOSCO Securities Markets Risk Outlook 2014-2015.The Outlook is a forward-looking report focusing on identifying potential risks in securities markets.
Iosco consults on OTC derivatives risk standards
September 17, 2014 - The International Organization of Securities Commissions today published the consultation report Risk Mitigation Standards for Non-centrally Cleared OTC Derivatives, which proposes nine standards aimed at mitigating the risks in the non-centrally cleared OTC derivatives markets.
OCC finalises heightened standards for large financial institution
September 3, 2014 - The Office of the Comptroller of the Currency (OCC) today published final guidelines to strengthen the governance and risk management practices of large financial institutions.
RBS in Luxembourg chooses MSCI for regulatory risk reporting
September 29, 2014 - MSCI Inc. (MSCI), a leading provider of investment decision support tools worldwide, announced today that following a rigorous selection process RBS (Luxembourg) S.A ("RBSL"), has chosen MSCI as its vendor for regulatory risk reporting.
CME Group names Kim Taylor president, global operations, technology and risk
September 16, 2014 - CME Group has revamped its leadership structure, naming company veteran Kim Taylor president of global operations, technology and risk.
Research Reveals Risk Management Evolution From Regulatory Burden to Strategic Function
September 2, 2014 - A global survey undertaken by the Professional Risk Managers' International Association (PRMIA) and SunGard reveals an attitudinal shift among risk managers, who are now increasingly viewing risk management as a strategic core competency rather than just a regulatory obligation. The survey captured the views of more than 200 banking risk managers across the world about their collateral and exposure management priorities.
Six Steps to Using Risk Scenarios for Improved Risk Management
September 23, 2014 - To help executives understand IT-related risk, IT risk managers should develop and test risk scenarios. A new guide and tool kit from global IT association ISACA provide 60 risk scenario examples covering 20 categories of risk that organizations can customize for their own use.
2014 Liquidity Risk Management Survey highlights the regulatory pressure upon banks
September 15, 2014 - MORS Software today published the results of the Annual Liquidity Risk Management Survey it completed in July 2014. The survey results show that regulatory pressure is the foremost driver for banks to complete their intra-day liquidity risk projects and that these are still a work in progress.
RiskBusiness releases new risk taxonomy
August 26, 2014 - RiskBusiness International Limited, the leading international operational risk advisory and solutions firm, today announced the release of a new risk classification taxonomy which differs significantly from the aging Basel II loss event type structures.