Risk Management
Cyber risk beats out Donald Trump as FS industry's top concern
Cyber risk is seen as a bigger risk to the global financial system than a Donald Trump presidency or Brexit, according to a Depository Trust & Clearing Corporation (DTCC) survey.
Banks and brokers failing to deal with regulatory overload
Bankers, brokers and traders are not prepared to address the risks posed by the combination of regulatory pressures worldwide and technological advancements that are disrupting their industries, according to a new global survey published by FIS™ (NYSE: FIS) a global leader in financial services technology.
Marketplace lending and distributed ledgers pose threats to financial stability - FSOC
The Financial Stability Oversight Council (FSOC) has zoned in on marketplace lending and distributed ledger technology as emerging threats to the safe operation of financial markets.
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.
Securities Commission Malaysia issues new cyber resilience guidelines
Securities Commission Malaysia (SC) today issued new guidelines to enhance cyber resilience of the capital market by requiring capital market entities to establish and implement effective governance measures to counter cyber risk and protect investors.
Global Official Institutions Are Becoming More Agile in Face of Economic Uncertainty
April 7, 2016 - New Research from State Street Shows Official Institutions are Focusing on Risk Management, Governance, Technology and Talent as They Diversify Their Investment Portfolios.
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.
IT spending in mature Apac financial markets to hit $19.1 billion in 2017 - Gartner
IT spending by banking and securities firms in the mature Asia/Pacific region will reach $19.1 billion dollars in 2017, an increase of 4.7 percent from 2016, according to Gartner, Inc.
Oracle and Lombard Risk Announce a Global Regulatory Reporting Solution
March 31, 2016 - Lombard Risk Management and Oracle Financial Services have collaborated to deliver a global regulatory reporting solution.
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.
InteDelta announces partnership with Risk Enterprise to provide rating models for IFRS 9 and Basel compliance
InteDelta, a risk management consultancy and Risk Enterprise, a consultancy and vendor of rating model technology, announce a partnership to provide banks with advisory and rating models for IFRS 9 and Basel compliance.
SimCorp Survey Reveals Significant Struggles with Risk and Performance Analytics in the Front Office
March 15, 2016 - A recent survey released by SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has revealed that portfolio managers are facing significant challenges when it comes to data accuracy and risk and performance analytics in the front office. The survey was conducted during a recent webinar hosted by SimCorp titled "Risk & Performance Analytics: Making the Front Office a Better Place."
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.