Tag Archives: Operational Risk

Putting Your Social Media Policy into Practice – A Techie’s Guide

Guest Contributor: Terry Ray,Vice-President, Software Development, Temenos In January of 2013, the FFIEC released proposed guidance for financial institutions regarding social media. As the year draws to a close, if your institution has not already written, revised and gotten board … Continue reading

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The SEC’s Bipolar Approach to Credit Rating Agencies

Guest Contributor: John Jay, Senior Analyst, Aite Group The Securities and Exchange Commission (SEC) is coming to the rescue of the investment community; it is considering leveling civil fraud charges against credit rating agencies (CRAs) — in particular Standard & Poor’s … Continue reading

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Good Risk Management = Good Business Management

Guest Contributor: Todd Cooper, Vice President and General Manager of Enterprise Risk Compliance, Wolters Kluwer Financial Services The financial services industry is definitely at a crossroads when it comes to compliance and risk management. One road leads to growth, but … Continue reading

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Attention Vendors: Clients Need New Ways to Manage Risk

Quantifi recently released survey results concerning how financial firms plan on implementing new solutions in order to manage and measure their counterparty risk. According to the survey results, 100 percent of respondents either have already or plan on implementing major … Continue reading

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Dodd-Frank IT Implications for Investment Firms: Disaster Recovery, Archiving

Guest Contributor: Mary Beth Hamilton, Director of Marketing, Eze Castle Integration At 800+ pages, the Dodd-Frank Wall Street Reform and Consumer Protection Act is far reaching and requires a serious time commitment to comb through. As the deadline approaches, investment … Continue reading

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Is Data More Valuable than Assets?

When someone hears the term “cyber crime” they will usually think of their personal information being stolen, for instance when someone steals your credit card information and goes on a shopping spree. However, cyber crime no longer strictly applies to … Continue reading

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A Look Into the 5th Annual OpRisk Conference

For all of those who attended yesterday’s 5th Annual OpRisk Conference we would like to thank you for making it such a great event! Also, we would like to send a special thank you to all the knowledgeable speakers and … Continue reading

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Automating Governance, Risk & Compliance

This week I came across an article in Wall Street & Technology that discussed GRC and the need for firms to implement technology in efforts to increase their automation and increase their control over risk and compliance. With GRC being … Continue reading

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Inside an Investor’s Portfolio: How Much Do They Know?

Risk management has become extremely important in the past year or two. The risk management teams at many firms have begun to reassess their roles and the way they manage risk in order to prevent past mistakes from being repeated. … Continue reading

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How Much is Too Much? – Measuring Your Firm’s Risk Appetite

The Senior Supervisors Group (SSG) has recently published a report that assesses the progress financial institutions have made in developing and building infrastructures to measure their risk appetite. This report is a follow up to their 2008 report which identified … Continue reading

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