Risk Management
Financial Benchmarks: EDHEC-Risk Institute welcomes vote delay, calls for transparency
January 30, 2014 - EDHEC-Risk Institute welcomes delay of European Parliament vote on the regulation of financial benchmarks and calls for high and uniform standards of transparency to allow investors to make informed decisions and promote integrity, competition and innovation in the indexing industry.
Axioma: The Year in Risk 2013 - A Peak and a Slide
January 29, 2014 - Mid-year anxiety over both Fed tapering and slowing growth in China, plus worries about the impact of the US government shutdown, drove market risk to a peak in the second quarter of 2013, but it was all downhill after that, with levels of risk in most markets ending the year lower than where they started, according to an analysis of 2013 trends in risk by Axioma, Inc., a leading provider of advanced tools for risk management and portfolio construction.
It may be Riskier to Ignore Big Data than Implement it, says New ISACA White Paper
January 21, 2014 - Enterprises that choose to avoid using big data analytics techniques because of the possible dangers, such as security and privacy breaches, may be creating risk of another type, says a new white paper from global nonprofit IT association ISACA. "Generating Value From Big Data Analytics" encourages information technology professionals to look at big data holistically, taking into account the cost of inaction.
SAS a leader in Chartis RiskTech100® report
January 6, 2014 - SAS secured the No. 2 spot in Chartis' prestigious RiskTech100® rankings, which also declared SAS the category winner for core technology, banking within the vertical sector and for credit risk. The annual international listing of top risk technology vendors awarded the business analytics leader very high scores for functionality and innovation.
Thomson Reuters Survey Highlights Companies’ Uncertainty Around Conduct Risk
January 22, 2014 - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced the findings of a new survey which shows that although conduct risk has become one of the highest priorities for regulators worldwide, there is still great disparity in how firms are defining conduct risk and similarly how regulators are referring to the concept.
New risk management and money laundering guidelines issued by Basel
January 16, 2014 - A new set of guidelines has been issued by the Basel Committee on Banking Supervision which covers how banks should manage the risks related to money laundering and the financing of terrorism.
Chartis Names AxiomSL Category Winner for Customer Satisfaction in RiskTech100 2014 Rankings
December 19, 2013 - Axiom Software Laboratories, Inc. (AxiomSL), global provider of regulatory reporting and risk management solutions, announced today its inclusion in the 2014 Chartis RiskTech100® rankings. In its eighth edition of the report, Chartis named AxiomSL the winner in the "Customer Satisfaction" category.
Markit wins Risk award for best risk management system
January 22, 2014 - Markit, a leading, global financial information services company, today announced that its integrated resource management (IRM) solution has won the award for "best risk management system of the year" from Risk magazine. Risk is the leading publication for financial risk management and the global derivatives markets.
Regulators slate financial firms for poor counterparty risk measures
January 16, 2014 - Five years after the financial crisis, progress on timely and accurate counterparty risk measures has been largely unsatisfactory, reports the Financial Stability Board.
Bloomberg hires chief risk and compliance officer
December 19, 2013 - Bloomberg L.P. today announced that it has named Paul Wood as its Chief Risk and Compliance Officer. He will oversee all risk, corporate compliance, client data security, and security globally and report to Daniel L. Doctoroff, Bloomberg L.P.'s Chief Executive Officer and President.
SAS a technology leader for Solvency II, says Chartis
January 21, 2014 - SAS is ranked as a category leader in the Chartis RiskTech Quadrant® for Solvency II Technology Solutions. The report highlighted insurers using leading robust data management, analytics and reporting platforms like SAS® Risk Management for Insurance to juggle Solvency II demands.
Investa Office selects Reval SaaS treasury and risk-management tech
January 8, 2014 - Reval, a leading global Software-as-a-Service (SaaS) provider of comprehensive and integrated Treasury and Risk Management (TRM) solutions, announced today that Investa Office, one of Australia's largest unlisted owners and managers of commercial real estate, will transition their entire treasury workflows and derivative portfolio to Reval.
City Financial Selects SunGard’s APT for Holistic Risk Management
December 18, 2013 - City Financial, a growing London based independent fund manager with experienced teams investing across a range of strategies for retail and institutional clients, has chosen SunGard's APT for its investment risk reporting. Delivered as a hosted reporting solution, APT will help City Financial to better measure and monitor risks associated with market positions and portfolios across multiple asset classes. APT will also provide the firm with a holistic view of risk information to management, clients and regulators.