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Risk Management

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.

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.

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.

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.

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.

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.

October 31, 2014 - The estimated combined spend in 2012 and 2013 by banks on risk management systems was pegged at USD 44 Billion (Chartis Research – Global Risk IT Expenditure 2011, 2014-15) and is expected to reach a combined spend of USD 59.9 Billion in 2014 and 2015.

November 27, 2014 - Pole Star launches PurpleTRAC risk management and sanctions compliance technology enabling global financial organisations to better manage exposure to shipping.

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.

October 30, 2014 - Numerix, the leading provider of cross-asset analytics for derivatives valuations and risk management, has introduced a new technology for Enterprise Model Risk Management - Numerix Model Validation Studio.

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.

November 12, 2014 Increased security threats and data privacy issues considered the biggest challenges of connected devices.

October 29, 2014 - In order to ensure full compliance with the latest regulatory requirements, examiners are now demanding that financial institutions address risk management comprehensively across the entire institution, instead of managing it through individual departments.

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