Since the 2008 crisis, regulators (and therefore banks) have focussed on monitoring and understanding the risks in our financial system. This has led to the creation of a number of high profile ...

Of all the financial buzzwords on Wall Street, "risk" and "operations" are in the forefront these days. With new position limits, rules and regulations rolling out as fast as firms make headlines for ...

LONDON, UK / ACCESSWIRE / December 15, 2022 / Acin, the global operational risk control data network, today announced it has closed $24 million in Series B funding from a strategic consortium of ...

Michael Hsu, acting director of the Office of the Comptroller of the Currency, said in a speech Tuesday that regulators are looking at issuing a rule to govern operational risk at the largest banks to ...

Schmidt, William, and Ananth Raman. "Operational Disruptions, Firm Risk, and Control Systems." Manufacturing & Service Operations Management 24, no. 1 (January ...

Just a few years ago, fund management companies were focused on streamlining transaction processes to boost efficiencies. As part of this process, some organizations outsourced back-office operations ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

The Business Risk Manager represents the business and supports the Operational Risk function to implement the operational risk aspects of the Bank’s Risk Management Framework, Group Operational Risk ...

Third-party relationships are double-edged swords— they can be your most significant force multipliers or risks. Third-party vendors are ingrained in all aspects of an organization, from accountants ...

A well-defined vendor contract management process facilitates efficient negotiation, standardization of terms, version tracking, and performance measurement. It also strengthens your organization’s ...

Acin, the global operational risk control data network, announced it has closed $24 million in Series B funding from a strategic consortium of banks, “comprised of JP Morgan, Citi, BNP Paribas, ...