My companies see the Accounts and Finance department as back office service. Your opinions and views are sought on this statement
Read more…what are the key risk factors involve in any investment banking sector?
Read more…Start up has entered the www.megawattventures.com A contest Sponsored by the US DOE.
Gust.com ( formerly Angelsoft.net ) National Competition at Universities.
Canute a Renewable Energy System currently featured on two websites.
Read more…BenefitPlace.com (BP) and BPTradeShow.com (BPTS) are constantly monitoring social media, especially Linkedin, for trends in the Insurance and Benefits Industries. Among the Groups we monitor, the "Players" include
A recent article from Firstpost Business addresses the increase in financial audit work moving overseas: "concern is growing that no coherent regulatory system exists to closely police the work in India, to gauge its quality, and to take action if pr
Read more…Most risk reports are not only collated from historic "unclean" data, they are also only published monthly, that is 28 days too late; by the time these reach the users, the information is not only outdated
Read more…I'm looking for some marketing intelligence regarding the best practices in setting up a Risk practice.
What constitute the value proposition of a Risk consulting services? What are the critical things to put attention on?
Can anybody share his/her k
The third book in the Global Risk Series is dedicated to IT and Cyber Risks.
Rapidly changing and advanced technologies are making it increasingly difficult for companies and governments to manage and secure confidential data.
According to the 201
The so-called Brown-Vitter Bill, the draft legislation which will be known as "Terminating Bailouts for Taxpayer Fairness Act of 2013" or the "TBTF Act” should U.S. congress enact it (and there is a good chance that it will), effectively prohibits im
Read more…This is one of the most popular questions among our members.
Many of them say that their company plans to implement ERM and they are looking for some best practices, especially on what the best first steps to take when starting an ERM program
Does a
Read more…I have just recently got my hands on a the Crystal Ball add-in for excel. After reading Doug Hubbard's "The Failure of Risk Management" he convinced me that point estimates are old-school techniques to be put on the shelf, and running simulations on
Read more…Let's take a close look at Telemedicine/TeleHealth/Mobile Health! (See Below For a List of Providers and our Recommendation).
What is Telemedicine? ATA - American Telemedicine Association, provides "Formally defined, telemedicine is the use of medical
Risk Management - Patient Alarms are Repeatedly Ignored by Nurses, Doctors, and Other Health Care providers per the Joint Commission. More than 90% of the alerts do not require clinical intervention,
that have led some to desensitization, alarm fatigu
The new white paper 'Longevity and Pensions - Protecting company pensions against longevity risk' focuses on the impact of increasing longevity on company-sponsored defined benefit plans, and discusses possible solutions.
As mortality rates have decl
Read more…New article posted by our client Pitney Bowes Software on Engage Healthcare today discusses the rise in Accountable Care Organization’s (ACOs), some of the challenges/controversy on whether the model can achieve sufficient cost savings, and area of o
Read more…It has been a very enriching event that took place in Kuwait from the 25th to 27th November 2012:
"The First Kuwait ERM Conference
My presentation is herein shared to whomever interested: "Operational Risk the Non-Finacial Risk Aspect of the ERM".
Other
Read more…What are the challenges banks are facing with the Basel III implemnation What is your experience?
Read more…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…
Read more…The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.
For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!
