HR needs to have closer ties to op risk – both would benefit
Automation and straight-through processing required to protect investors
This white paper looks at the heavy impact of regulation on investment managers, the mitigation of outsourcing risk, inefficiencies in corporate actions processing and the growing importance of collateral management.
More Opinion/Risk Management articles
Acquirers are being punished for actions they had no control over
Expected shortfall may be more conservative than VAR, but there are backtesting and stability concerns
Decision-making failures are being tackled in three very different ways
The dangers of complacency, excessive risk and management failures
Huge losses will affect risk modelling and capital calculation
Cluster of huge fines calls for changes in models and regulation
Assessing exposures and vulnerabilities gives sophisticated risk view
Troubled debt teams can provide valuable op risk insight
Relational databases are hard to protect; modular storage allows encryption
Rigging liquidity scheme payments adds insult to injury
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.