October 9, 2013 - The Federal Financial Institutions Examination Council (FFIEC) has warned that plans by Microsoft to discontinue support for the XP operating system pose operational risks for banks that still use it.
September 24, 2013 - From cyberattacks and malicious employee actions to hacks into corporate social media accounts, 2013 is turning out to be a watershed year for technology-related enterprise threats. Organizations must integrate technology risk much more aggressively into enterprise risk management (ERM) if they want to reduce future loss and improve business performance, says a new guide from global IT association ISACA.
August 27, 2013 - The UK's Financial Conduct Authority (FCA) has published an interim report exploring some early findings of a review into mobile banking services, setting out the possible risks to consumers and areas that firms should consider when developing their services.
July 25, 2013 - Risk management professionals who've traditionally used a root cause analysis approach after an adverse risk event are increasingly using this same management strategy to "plan forward", according to the Risk Management Society (RIMS) latest report.
September 16, 2013 - Numerix, the leading provider of cross-asset analytics for derivatives valuations and risk management and MH Derivative Solutions (MHDS) today announced a new partnership agreement. As an independent resource, MHDS will provide market training to existing Numerix users and offer support for product research.
August 21, 2013 - IBM today announced the industry's first integrated enterprise risk management solution that helps financial services clients maximize profitability, ease compliance and boost risk- aware decision making.
July 23, 2013 - New global research undertaken by SunGard has found that banks continue to take a short-term view when it comes to risk management priorities, which is impacting future competitive advantage and profitability.
September 11, 2013 - Moody's Analytics, a leader in risk measurement and management, today announced the release of RiskFrontier™ 3.4, the latest version of its award-winning portfolio management and economic capital solution for banks, insurance companies, asset management firms, and corporations. RiskFrontier 3.4 adds a new risk measure that combines regulatory and economic capital into a single metric.
July 29, 2013 - Chief risk officers at banks and other financial institutions believe their IT systems and infrastructure present a significant problem, according to a Deloitte Touche Tohmatsu survey.
July 19, 2013 - SOFGEN Holdings Limited (SOFGEN), an international provider of IT solutions for banks, has announced a worldwide partnership with NetGuardians SA to bring the latter's cross-platform operational risk mitigation software to banks.
September 9, 2013 - MORS Software today published the results of their annual Liquidity Risk Management survey carried out in May, June and July 2013 which highlighted the importance of intra-day liquidity risk monitoring for most banks while pointing out that many banks have not yet completed their intra-day liquidity risk projects.
July 29, 2013 - OpenGamma, creators of the first open source analytics and risk management platform for the financial services industry,today announced that it is has partnered with Risk Focus, a specialist consultancy delivering enterprise risk management, derivatives trading and connectivity solutions.
July 11, 2013 - Leading corporate risk prevention consultancy and analyst Riskskill, a division of UKFraud, is warning that the expected rapid growth of the global mobile payments market will create a potential cocktail of different risks that pose new challenges for risk managers and other stakeholders in the sector.