Risk Management
Thomson Reuters Wins Inaugural GRC Award in Risk Technology Rankings
January 7, 2015 - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced that it has won the Governance, Risk & Compliance (GRC) category in the 2014 Risk Technology rankings. This is the first year that this category was introduced in order to reflect the growing importance and interest in the space amongst risk managers.
Banking Executives in Asia Cite Regulatory Risk as Top Business Threat
December 17, 2014 - In a joint survey released today from Wolters Kluwer Financial Services and Regulation Asia, banking executives indicated regulatory risk as the issue posing the greatest threat to their business. Reputational risk came in second, with credit risk and IT risk also named top threats. Seventy-three percent of those surveyed indicated they were "very concerned" about managing compliance in the face of ongoing regulatory change.
Accuity Releases Compliance Link 3.0 Further Reducing Regulatory and Reputational Risk
December 3, 2014 - Accuity, a leading global provider of financial data for over 175 years, today announced the release of Compliance Link version 3.0, the latest upgrade of Accuity's watch list filtering solution.
Deutsche Bank deploys AxiomSL regulatory reporting platform
November 17, 2014 - AxiomSL, global provider of regulatory reporting and risk management solutions, announced today that Deutsche Bank has expanded its relationship and deployed the firm's robust and flexible regulatory reporting platform and capital calculations solution in the United States following the implementation of the firm's technology in the Asia Pacific region.
Wolters Kluwer Financial Services Earns No. 4 Spot in Chartis RiskTech100®
December 18, 2014 - Wolters Kluwer Financial Services has earned the No. 4 position in Chartis' RiskTech100® ranking two years in a row. The company was once again recognized as Category Leader in Regulatory Reporting for 2015, marking four years running that it has won that honor.
New technology helps financial institutions manage their maritime risk
November 27, 2014 - Pole Star launches PurpleTRAC risk management and sanctions compliance technology enabling global financial organisations to better manage exposure to shipping.
FCA review finds small banks and insurance intermediaries fail to manage financial crime risk
November 14, 2014 - The Financial Conduct Authority (FCA) has found that many small banks and commercial insurance intermediaries fail to effectively manage financial crime risk. The two reviews published today follow related work by the FCA's predecessor on banks in 2011 and intermediaries in 2010.
Insufficient data the greatest obstacle to better risk management - bank execs
December 11, 2014 - Despite ever-growing volumes of data, just over half of banks still think that not having enough is the greatest obstacle to better risk management, according to a survey from the Economist Intelligence Unit.
SunGard Scoops Leading Banking Awards for Trading, Risk and Compliance
November 26, 2014 - SunGard has won a number of awards for its risk, compliance and trading solutions in the 2014 Banking Technology Readers' Choice Awards.
North American Workplaces Still Not Ready for the Influx of Wearable Tech, Finds ISACA Survey
November 12, 2014 - Increased security threats and data privacy issues considered the biggest challenges of connected devices.
Numerix launches simulation framework for real-world economic scenarios
December 9, 2014 - Numerix (www.numerix.com) announces today Numerix ESG, a sophisticated stochastic simulation framework for producing risk neutral and real world economic scenarios.
Leading Qatari Bank Drives Strategic Risk Management With SunGard
November 19, 2014 - Ahli Bank Q.S.C, a leading Qatari bank specializing in retail and corporate banking, has deployed SunGard's risk solutions to enhance its regulatory capital calculation. As part of a strategic initiative to drive and maintain solid capital adequacy ratios and improve compliance, the bank needed to modernize its calculation capabilities.
Thomson Reuters Survey Reveals Increased Cybersecurity Risk to Boardroom Communications
November 4, 2014 - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, released its board governance survey for 2014, which shows that despite a slight decline in the amount of board information being produced each year, corporate boards are increasingly exposed to cybersecurity risk. Boards continue to communicate through unsecure means, and have minimal measures in place to prevent a security breach. The survey also shows that one in ten organizations reported that a board member had either lost or had their computing device stolen in 2014, continuing the upward trend of reported sensitive data breaches.