are and what you do... Have fun.
So feel free to get involved and say hello to your fellow group members - we want to know more about YOU!
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Dear GlobalRisk Community member, Our community’s mission is to foster business, networking and educational explorations among members. Learn from some of the top experts in the industry as they clearly explain how to approach the most important Risk management concepts. Check out their expert tips and use the link at the end of each article to navigate back to the website to leave your comment or ask a question. Some of the topics include: How do you Explain Risk Appetite? How to Prepare a…
Read more…I have just published a guide on PEPs screening requirements around the world and would like to know if anybody has any feedback on it? https://complyadvantage.com/blog/politically-exposed-persons-peps-screening-requirements-around-the-world/CA-PEP-Screening-Map-FINAL-V7 (1).jpg
Read more…We created a free presentation (attached), which discusses both global and organizational impacts of the COVID-19 pandemic, along with critical actions organizations should take immediately. This presentation introduces a framework that helps regions and organizations navigate a path to recovery via 9 potential scenarios. These scenarios capture outcomes related to GDP impact, public health response, and economic policies. The presentation also breaks down 6 immediate and critical actions…
Read more…Now that the updated COSO and ISO risk management standards emphasize a connection to enterprise objectives and decision making, does this mean ERM and GRC solutions focused on risk registers and regulatory compliance are missing the true value of risk management?Will current risk management solutions evolve to integrate more decision support functionality or will standalone prescriptive analytics and other technology solutions take a more prominent role in enabling risk-informed…
Read more…We have an interesting question from one of our members. "We usually perform OTC FX transactions with clients backed-to-back on the market (with Banks). Now we are going to perform a FX swap (i.e. Spot + forward) JPY/EUR for the Bank account for 1 week at the longest. The purpose is to get EUR place @ CB for LCR compliance purpose (no trading purposes). Bank's Management think that this should be considered as a trading position and therefore be classified within the Bank's trading book.…
Read more…The recent sudden crash of oil prices has had a major impact on the world economy, leading to many troubled faces in the international arena. The Russians fear the effects of yet another powerful hit on their economy, Venezuela seems to be considering default and the Americans are weary of the consequences for its young and emerging shale oil industry. And then you have the Middle East, where the smallest match is enough to ignite the largest fire. But are these worries really justified or…
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Replies
Hello everyone,
I am a fervent campaigner for what I see as a radically new and better economic structure based on reforms that are desperately needed to debt structures, particularly for Housing and for Sovereign Debt.
Did you know that we probably need more sovereign debt and more business debt to provide safety for our retirement savings? But it has to be structured in the correct way, rising in value approximately as fast as incomes and tax revenues, this costing the next generation nothing: it is a safe place for us and for them. We need to hang onto it.
My blogs explain what is wrong with the Housing Sector and where the regulators have failed us dismally (WORKSHOPS page) and I explain a lot about many things on the Sovereign Debt Worries page of my other blog. Each blog has links to the other.
http://edward-ingram.blogspot.com
http://macro-economic-design.blogspot.com
Once having sorted that out my main thrust is to look to see what else has been overlooked and may be addressed, such as the terrible effect on currencies of rapid capital flows, inflation targeting strategy, imported recessions, and too rapid revaluations of Equities all of which can undermine confidence and slow everything down. Finally there is the question of the best method to stimulate demand. All of this is on my Further Principles page.
Hello colleagues,Just joined the group. My ambitions is to learn by sharing knowledge. I am PMP with a twenty years plus experience in international development projects. I hold a MBA in Finance and CIPS from Chartered Institute of Purchasing and Supplies UK thence I specialize in finance and procurement. Despite the twenty years experience I still yearn for more knowledge especially on how I can practically apply it to get better results. This is the reason I am here; yes I am a PMP then what? How I can better transfer this to my colleagues so that we go forward as a society, a nation? I hope I am welcome by those who had been here earlier and who will like to help me to get started. I will be grateful for you assistance and welcome anyone who interested to be my mentor.
Thanking you in advance for your cooperation.
Hi, I am currently in transition seeking a risk management role with a focus on operational risk. This is a great forum and reinforces the idea that many risks are not exclusive to one country and that risks do have a impact from one country to the next. In many ways, we are interconnected.
My LinkedIn profile is:
http://ca.linkedin.com/in/tonyr1
Anthony Rossi
Hello ,
I , Krishna Prasad, am a Master's graduate with a specialization in Finance(Investment and Risk Management). I am currently interning in germany . My interests lie in risk management for investment portfolios , analyzing market & global risk and keeping track of the daily developments in the world economy .I believe this is a great platform to know more about the risk management industry and the people working within this field across the globe. I look forward to participating in a lot of insightful discussions here.
My linkedIn Profile :http://fr.linkedin.com/in/krishnaprasadm
PATRONAS Financial Systems stands for individual solutions in the international financial sector.
We develop highly integrated, enterprise-wide straight-through-processing solutions for worldwide securities trading and the complete order process administration between customer, broker, and custodian.
Our main product is called Opus:
Specifically tailored to the needs of investment companies, banks, asset managers and professional traders, OPUS supports your entire business process as a high value risk management and trading platform.
The system offers all the modern possibilities of electronic trading and and order/risk management of all important asset classes based on the most current UCITS regulations. Throughly thought-out processes guarantee high efficiency in daily business.
The electronic connection to your partners and customers presents a comprehensive service that improves your position in the market competition.
OPUS integrates an open, scalable and high-performance compliance system. The free rule structure and the unlimited access to the OPUS Data Warehouse guarantees flexible and future-safe controlling with which you master even the most difficult specifications of new products as well as legal and fund-specific investment rules safely and efficiently.
OPUS integrates as a central component all important processes:
Please contact: luca.zampana@patronas.de
Hallo everyone:
Came here via LINKEDIN. I am an applied mathematician. As a researcher, used to work in offshore drilling, have too many inventions to mention. Currently interested in Banking Risk, as a result - inventions. Not until all the results have been obtained am I going to write and publish the book.
Hi,
I’m the founder and editor-in-chief of the new financial website LogicOfFinance.com (currently in development). Finance and economy are my keen interests and I’m the kind of freak in these areas. Especially I’m interested in the issue of making finance more sustainable. I hold MA in economics, with the specialisation to banking. My professional background includes seven years banking experience in one of the leading Nordic banks, where I developed risk classification systems, and later on worked with risk capital modelling and internal capital adequacy assessment issues. For some time I have also been a blogger and freelance writer. As a volunteer, I’m heading the club called Enterprising Estonia, where we mainly discuss new business ideas.
I’m looking for connections with:
* financial professionals who agree with the mission and agenda of my blog, and would like to provide their insights as guest bloggers
* other financial analysts and researchers to boost our collective knowledge, and share ideas of how to create/increase customer base for independent financial analysts/researchers
* everyone who could be interested in outsourcing their financial research/analysis work to discuss what customers actually need/expect.
Feel free to send me friend requests :)
My blog can be found here: http://blog.logicoffinance.com/ Some of the most read blog posts are:
* Running a Bank with Almost No Capital
* Implications of Irish Bank Stress Test
* Risk Weighted Assets - Tricky Part of Minimum Capital Standards
* Securitisation – Fast Way to Create Debt
* Lower Loan-to-Deposit Ratio – A Controversial Target
* Are Debts of PIIGS Ever Meant to Be Paid Back?
* Bank of England's and HM Treasury's Maneuvers to Accommodate Financial Crisis
Hello everyone,
I'm a Chartered Accountant, member of the Institute of Internal Auditors (Australia), have an Executive MBA, etc. My background is top 10 Australian (ASX) listed Telco, merchant banking and big 4 accounting.
I own and operate AOB Outsourced Bookkeeping, a company for Australian businesses with a turnover >$1m. In this roll we operate as a finance department, which among many things means that paying employees and suppliers results in us transacting directly on our clients bank accounts, hence the importance of risk management to me and my clients.
My team and I find ourselves responsible for designing, deploying and evaluating risk management frameworks for our clients (obviously with consideration to segregation of duties).
I look forward to the opportunity to engage with more like minded people.
Fergus
Hi GlobalRiskers,
I came to know this community via LinkedIn - that was when I was connected with an investment research firm in Mountain View. I was able to invite some folks here and did some consulting with us. Right now, I am connected with the first global wireless network - Tru. I was hoping that I could be of any help to the guys who frequently traveling overseas, especially to UK, AU, Hong Kong, The Netherlands and Spain. We are in the business of removing roaming charges for these countries. So let me know if anything.
You can email me at ryan.binas@truphone.com
Protecting the ABCs for your business.
Thats our motto and aim.
A - Information and data Assets
B - Business Continuity
C - Compliance
if business can understand the risks to their ABCs of running the show.....they are safe!!
I am in New Delhi, India (Available for services at any location)