Password and Identity Management Strategies Begin to Take Shape
As financial services firms come to grips with the vulnerability of their IT systems, best practices around password and identityt management becomes a paramount concern.
Financial Firms Are Struggling to Manage, Archive and Monitor the Exponentially Growing Volume of Corporate E-mail
From in-box overload to lawsuits, e-mail can deliver a nasty bite. Get control of it before you're a victim.
Who Said Technology Isn't Important?
Check scams, logic bombs, data theft, online outages, compensation for botched trades and computer glitches -- and that was only the first six of seven stories gracing a popular financial technology Web site earlier this month.
Corporate Actions Trip Up STP According to TowerGroup Research
An integral part of today's capital markets, corporate actions processing remains the largest stumbling block to the financial services industry's attempt at realizing straight-through processing (STP), according to a new research note from TowerGroup (Needham, Mass.).
Trading Technology Growth Slows
Over the next few years, the buy side will continue to spend on trading systems, but growth in the trading technology market is expected to slow down to an average annual growth rate of 4.6 percent, according to a new market review by Celent.
Enterprise Data Security Solutions: Variety Is the Spice of Life
Enterprise data breaches continue to grab headlines and C-level attention. To combat the threat, companies are using a variety of technologies.
Operational Risk Management Goes Global
New research from Celent (Boston) suggests that financial services firms across global regions will concentrate much of their spending over the next three years on operational risk management (ORM).
Securities Firms Continue to Struggle with E-mail; Used Smartphones and PDAs Expose Data in Resale
December 6, 2006
Managing Operational Risk in Financial Services
Bayards, One Hanover Square
New York, NY
At this conference, you will hear experts identifying potential and probable areas of operational failure within the financial serveices industry, best practices for reducing operational risk and more.
List Your Event Here
Offshoring risk: Portfolio treatment and the role of operational risk
Offshoring offers financial services organizations attractive cost, efficiency and performance benefits, but it also introduces a wide array of risks. BearingPoint examines the importance of risk management in establishing and maintaining an effective offshoring operation.
Enterprise Risk Portfolio Management
Financial institutions have initiated a multitude of risk and compliance projects in recent years in response to Basel II, the Sarbanes-Oxley Act and other requirements.
Nine Pitfalls of Compliance Program Implementation
Financial institutions have invested heavily to comply with the numerous laws and regulations now governing the business world. Even the most sophisticated compliance systems and processes, however, can be rendered ineffective if your firm focuses on the wrong metrics, underestimates the extent of the requirements or fails to get the right people involved.
Basel II and Sarbanes-Oxley: Convergence or collision? Implementing an integrated approach
The Sarbanes-Oxley Act of 2002 has attracted the lionâ€™s share of risk management effort and resources over the last three years for public companies operating in the United States. Yet it is by no means the only major regulatory change affecting financial institutions.
Integrating Sarbanes-Oxley Controls Into Your Corporate Governance Framework
Many companies have established separate governance procedures for Sarbanes-Oxley controls, believing that financial reporting risks are somehow different from other business risks. This lack of a direct connection between policies and procedures means that companies have no assurance that controls are working and that the risk is being effectively managed.
Scenario analysis for Basel II operational risk management
Financial institutions have always recognized the importance of safeguarding customer data. Several recent events in the market place have become significant due to never-before-seen levels of regulatory fines and litigation expenses...
Basel II Operational Risks - Avoiding the seven pitfalls in Basel II operational risk implementation
The Basel II Capital Accord is compelling large, internationally active banks to see operational risk in a new, brighter light. By formally introducing operational risk into risk management and capital calculation, Basel II is moving these institutions to explicitly identify, measure and report information related to operational risk. Many smaller banks and non-bank financial institutions are following suit.
A New Paradigm in Enterprise Governance
Passing Sarbanes-Oxley review signifies only that your firm has implemented internal controls for financial reporting. It does not mean that your organizationâ€™s governance model is adequate to the task of maintaining and modifying those controls as needed.