Enterprise risk management (ERM)
Ursa Bank steps up Basel prep
Daily news headlines
SAS extends ERM software for insurers
Daily news headlines
The bigger picture
In 2003, rating agencies considered operational risk as a separate risk category, but quantification problems have prompted them to take an integrated, enterprise risk management approach.
'Big five' retain the consultancy crown
The usual suspects appear at the top of OR&C 's survey of consulting firms, but not without having their heels nipped at by the increasingly advancing competition
Two heads are better than one
Glenn Christensen of Synovus Financial Corp. introduces an enterprise risk management strategy known as the Bifurcated ERM Methodology
Looking into the crystal ball
Eric Holmquist presents some observations on the trends in ORM, and offers predictions on what to expect in 2007 and beyond
ERM: is the industry all bark and no bite?
This months OR&C Intelligence survey suggests that firms are preparing to buy into ERM but there are concerns that the change may not happen. Ellen Davis reports
Basel II praised for ERM framework
The new Basel Accord (Basel II) provides the most comprehensive enterprise-wide risk management (ERM) framework for banks because it provides for operational risk management that goes far beyond compliance, says Virginia Garcia, senior analyst at…
FHL Bank Topeka selects Providus' RiskResolve for op risk management
The Federal Home Loan (FHL) Bank Topeka, a Kansas-based privately owned, federally chartered corporation that finances mortgage credit in member financial institutions, has selected Providus' operational risk management solution, RiskResolve, to boost…
Fed's Bies focuses guns on enterprise-wide compliance
Financial firms can only truly mitigate legal, reputation and regulatory risk by implementing enterprise-wide compliance programmes, said Federal Reserve Governor Susan Schmidt Bies in a pair of February speeches in New York City and a third speech in…
Fed's Bies focuses guns on enterprise-wide compliance
Financial firms can only truly mitigate legal, reputation and regulatory risk by implementing enterprise-wide compliance programmes, said Federal Reserve Governor Susan Schmidt Bies in a pair of February speeches in New York City and a third speech in…
Insurance industry struggles to cope with ERM implementation
Insurance companies understand the importance of risk management, but are struggling to cope with the implementation of enterprise-wide risk management (ERM) systems, according to a survey published by PricewaterhouseCoopers (PWC) today.
Book extract > Operational Risk Management: The Solution is in the Problem
"There are risks and costs to a program of action, but they are far less than the long-range risks and costs of comfortable inaction", John F. Kennedy . During the last few years there has been growing interest in the need for firms within the financial…
Ahead of the green game
Germany
Enterprise-wide risk management: Knitting together bank risks
Thanks to recent events, bank risk managers are placing more emphasis on integrating counterparty and credit risk into other portions of their enterprise-wide risk management systems.
Reaping integration rewards
In the October issue of Risk, Clive Davidson discussed the integration of ALM and ERM technology. Here, in a second article, he profiles the firms that have tackled this project and reviews the challenges, advantages and pitfalls of the integration…
Untangling the web
Enterprise-Wide Risk Management
The three-way knock-on effect
Enterprise-Wide Risk Management
The CRO road
Enterprise-Wide Risk Management
Know your trade types
Enterprise-Wide Risk Management
Practitioner analysis: Reaping the advantages of Basel II
David Stone of Zions Bancorporation describes how the US bank plans to underpin its enterprise-wide risk management by implementing the Basel II accord’s advanced approaches to measuring operational risk.
Firm-wide risk management for funds
Firm-wide risk