Risk Management
Firms raising spending on systemic risk mitigation - DTCC
March 27, 2014 - Despite an apparent ease in fears of a systemic risk event happening in the next 12 months, a recent survey conducted by The Depository Trust & Clearing Corporation (DTCC) revealed that a vast majority of financial firms have increased spending on systemic risk mitigation.
Compliancy Services selects Lombard Risk REPORTER to provide clients with EBA/COREP/XBRL regulatory returns submission services
March 24, 2014 - Lombard Risk Management plc (Lombard Risk), a leading provider of integrated regulatory reporting, compliance and collateral management solutions for the financial services industry, is pleased to announce that Compliancy Services has selected Lombard Risk's cloud-based version of REPORTER to provide their clients with EBA / COREP / XBRL regulatory returns submission services.
Broadridge selects Lombard Risk to power collateral management platform
March 13, 2014 - Broadridge Financial Solutions, Inc. (NYSE:BR), a leading provider of technology-driven solutions for financial firms and corporate issuers globally, together with Lombard Risk Management plc, (LSE:LRM), a leading provider of integrated collateral management, regulatory compliance and reporting solutions, today announced they have formed a global alliance to address changing industry needs in the collateral management sector.
Lombard Risk launches free international regulatory information update service
February 27, 2014 - Lombard Risk Management plc (Lombard Risk), a leading provider of integrated regulatory reporting, compliance and collateral management solutions for the financial services industry, launches a free international regulatory information update service.
PwC Survey Finds Market Shifts and Business Transformation Are Exposing Companies to Critical Gaps in Risk Management
March 19, 2014 - Internal business changes intended to address dynamic market shifts have created a more complex risk landscape for businesses around the globe. Compounding this problem, according to the PwC USRisk in Review report, "Re-evaluating how your company addresses risk," is that traditional risk management systems have not evolved fast enough to monitor, track and manage today's intensified risk climate.
MEGA Named a Strong Performer in GRC Solutions by Analyst Group
March 13, 2014 - MEGA, a recognized leader in governance, risk, and compliance solutions, has been cited by Forrester Research, Inc. in "The Forrester Wave™: Governance, Risk, and Compliance Platforms, Q1 2014".
Rogue Wave Shows Off New Analysis Toolchain for Software Risk Mitigation
February 26, 2014 - Rogue Wave Software today announced it will showcase the industry's first end-to-end toolset for deep software risk assessment and mitigation at the RSA Conference in San Francisco, California and at Embedded World in Nuremberg, Germany.
Regulatory & Risk Management Burden Grows Heavier for U.S. Banks and Credit Unions
March 18, 2014 - U.S. banks and credit unions are carrying a much heavier regulatory and risk management burden than they were a year ago. That's according to the results of the latest Regulatory & Risk Management Indicator for the U.S. banking industry issued today by Wolters Kluwer Financial Services, a comprehensive provider of risk management, compliance, finance and audit solutions and services.
O'Malia slams CFTC over IT investment
March 6, 2014 - Commodity Futures Trading Commission commissioner Scott O'Malia has slammed his own organisation for spending money on people, rather than technology.
Organizations See Public Cloud Sharing Tools as Primary Security Risk
February 24, 2014 - Organizations consider public cloud sharing tools as a primary security risk according to a survey of 621 IT professional conducted by Axway (NYSE Euronext: AXW.PA), a market leader in governing the flow of data, and Ponemon Institute.
World's largest mobile payment survey highlights increased perception of risk with mCommerce
March 17, 2014 - The world's largest mobile payments and fraud survey has indicated that merchants are becoming more aware of the dangers fraudulent attacks pose to their business and, as a result, have realised that specialised tools and technology are required to protect their mCommerce operations.
ReMATCH selects OpenGamma to Support CDS Portfolio Risk Management
March 6, 2014 - OpenGamma, creator of the first open-source risk management and analytics platform for the financial services industry, today announced that ReMATCH, the ICAP owned CDS portfolio rebalancing and market risk mitigation service, has selected the OpenGamma Platform to provide dynamic, on-demand market risk analytics for single-name CDS.
New study puts spotlight on the growing importance of risk management for institutional investors
February 18, 2014 - Over 80% of institutional investors expect risk management to play an even greater role in the investment decision process in the future, according to a new study published by BNY Mellon, a global leader in investment management and investment services, in collaboration with Nobel Prize-winning economist Dr. Harry Markowitz. In addition, over the next five years 73% expect to spend more time on investment risk issues, while 68% expect to spend more time on operational risk issues. Only 25% of respondents, however, had a chief risk officer.