RISK MANAGEMENT INSIGHTS
Better risk management for competitive advantage
Recent risk management articles
- frtb: a wait and see strategy could be riskyFRTB, fundamental review of the trading book, is a regulation that changes how banks analyze market risk in the trading book to address systemic challenges.
- General Data Protection Regulation: From burden to opportunityThe General Data Protection Regulation stirs up mixed emotions, but Kalliopi Spyridaki shows how to use the new legislation for business advantage.
- Credit risk management is the answerLending and loan volume is back up to pre-crisis levels. But banks are facing higher delinquencies as well. That's why improving credit risk management is crucial.
- IFRS 9 and CECL: The challenges of new financial standardsIFRS 9 and CECL will require banks to more accurately predict expected credit losses (ECLs). This will require new credit loss models based on analytics.
- Model risk management: Vital to regulatory and business sustainabilitySloppy model risk management can lead to failure to gain regulatory approval for capital plans, financial loss, damage to a bank's reputation and loss of shareholder value. Learn how to improve model risk management by establishing controls and guidelines to measure and address model risk at every stage of the life cycle.
- Should banks adopt regulations as best practices?The regulatory tsunami isn't letting up, but is there value to be gained in adopting, for instance, BCBS 239 principles?
- Retail cyber risk toleranceManage your data assets just as you would any of your physical assets by putting security plans in place for any and all contingencies.
- Prepare for IFRS 9 convergence with better IT and data practicesAs banks prep for IFRS 9 convergence, it will put added stress on IT systems. Learn how to build an IT framework that meets regulatory challenges.
- The current state of stress testingMany banks struggle to keep pace with the demands of Dodd-Frank Act stress testing. Find out what risk professionals cite as the most pressing challenges.
- Even as stress testing matures, gaps in technology and coordination remainEven with significant investments in people and process improvements, a survey conducted by SAS and GARP finds that banks are not as robust and mature as they need to be in terms of their technology.
- Risk data aggregation: Transparency, controls and governance are needed for data quality and reportingFinancial institutions’ data aggregation and reporting techniques and systems are receiving increased attention both internally and externally. Find out how to take a comprehensive approach to BCBS principles and risk data aggregation and management.
- Risk data infrastructure: Staying afloat on the regulatory floodWhat are the challenges of a risk data infrastructure and how can they be addressed? Here's what you need to know to build an effective enterprise risk and finance reporting warehouse.
- How to lead the digital transformationWith the future of the bank at stake, CEOs must embrace big data and come out in front of the wave of regulatory-driven compliance.
- Can you run the bank AND change the bank together?How to fulfill short-term compliance requirements and still meet longer-term business goals.
- An executive perspective on risk and fraudHSBC's global risk COO on how the world’s second-largest bank uses data management, analytics and industry expertise to tackle financial crime and more.
- Riding the avalanche of regulationA well-planned, integrated data strategy can improve banks’ ability to generate revenue, manage risk and gain a competitive advantage.
- Take the stress out of stress testingWhy the main components of stress testing must be jointly developed and applied by risk and finance teams for greater efficiency and better decision-making.
- Banks need to pilot their way through the model mazeIn addition to the increased regulatory pressure, senior managers are now much more appreciative of the risk there is in the models used by their banks.
- IFRS 9 impairment regulation: How to prepare for the data tsunamiBanks will have to update ECL amounts at each reporting date for credit risk changes, significantly increasing impairment calculations and data collection.
- How to help ‘stressed out’ banksBanks can generate long-term value from a clear understanding of risk exposure, but for now they need to re-engineer and upgrade their stress testing processes to meet regulatory demands. It's possible to reduce the manual effort to inventory, manage, document, communicate, monitor and audit all of your bank’s models and share information for effective top-down model risk reporting.
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