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.
- IFRS 17 and Solvency II: Insurance regulation meets insurance accounting standardsIFRS and Solvency II encourage comparability and transparency from a regulatory and accounting perspective for insurers, but there are important differences.
- 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.
- Uma perspetiva executiva sobre o risco e a fraudeO Diretor de Operações de Risco Global do HSBC sobre a forma como o segundo maior banco do mundo utiliza a gestão de dados, a análise e os conhecimentos do setor para combater o crime financeiro e muito mais.
- Model risk management keeps banks ahead of the regulatorsRecent regulations require executives to know more about how their organization manages risk. David Rogers from SAS explains how to get started by understanding the models that drive decisions.
- Two biggest challenges banks face in regulatory complianceA recent Longitude Research survey of more than 100 senior banking officials across Europe and the US found that the majority of banks still don’t use stress testing outcomes to inform strategic decision making.
- Risk capital and lessons from the TitanicEconomic capital is that something extra that senior management needs for staying financially afloat in tough economic times. Tara Skinner uses the tale of the Titantic to describe risk capital risk management best practices.
- Data quality: The Achilles' heel of risk managementGiven the tightly regulated environment banks face today, the importance of data quality cannot be overstated. Beyond the obvious benefits of staying one step ahead of regulatory mandates, having accurate, integrated and transparent data will drive confident, proactive decisions to support a solid risk management foundation.
- Understanding capital requirementsCredit risk classification systems have been in use for a long time, and with the advent of Basel II, those systems became the basis for banks’ capital adequacy calculations. What is needed going forward is an efficient and honest dialogue between regulators and investors on capitalization.
- Less talk, more actionLast week's announcement by The European Banking Authority of its 2014 EU-wide stress test triggered an uproar of divergent opinions and criticism that will rumble for some time. This new methodology will profoundly impact how the European and global economies evolve.
- Experts: Nothing simple about meeting regulatory requirementsExperts discuss the trends and technologies that affect how financial institutions handle the growing number of regulations and regulatory agencies. They answer the question of how data and analytics help.
- Attitudes toward liquidity risk have changedIn 2008, most banks took for granted that they would always have access to liquidity, and so they didn’t worry too much about liquidity risk. Even regulators worried little about it – until the danger was exposed.
- What is a risk model?Banks use multiple models to meet a variety of regulations (such as CCAR and Basel III). With increased scrutiny on model risk, bankers must establish a model risk management program for regulatory compliance and business benefits. Begin the planning by clearly defining what a risk model is.
- Four themes running through the BCBS 239 principlesThe 14 principles of BCBS 239 cover a lot of ground, from IT infrastructure and governance to reporting. Understanding the four themes may aid in compliance. Donna Howe and Renzo Traversini outline those for you in this article.
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