Discontinuation of support for Microsoft XP poses operational risks to banks - FFIEC
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.
New COBIT 5 for Risk Provides Guidelines to Manage Increased IT Risk
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.
Numerix Signs Partnership Agreement with MH Derivative Solutions
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.
Moody’s Analytics Launches RiskFrontier™ 3.4 with New Combined Regulatory & Economic Capital Measures
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.
MORS Software 2013 Liquidity Risk Management survey shows intra-day liquidity risk management projects in banks not yet completed
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.
FCA kicks off review into mobile banking risks
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.
IBM Unveils New Big Data and Analytics-based CFO Dashboard to Boost Enterprise Risk Management
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.
FS risk officers consider IT systems significant problem - survey
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.
