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Understanding the rise of Regtech

Since the 2008 financial crisis, private banks have been confronted with a growing flow of regulatory requirements relating to customer identification, the fight against money laundering, the fight against the financing of terrorism, prevention of corruption, compliance with tax compliance, etc. In other words, regulators require banking institutions an ever-deeper knowledge of their customers (KYC). 

These compliance requirements impose a higher and higher cost on banks, not only because of the

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Leadership is the relationship between people who aspire to lead and those who choose whether or not to follow. Leadership hinges onslide-1-Building-Leadership-Credibility-300x167.jpg?profile=RESIZE_710x the leader’s credibility which is difficult to build and easy to lose.

CEOs of BP, Wells Fargo and Volkswagen have learned that tough lesson through high-profile scandals that can swiftly damage their reputations. But what is at the heart of credibility?

A Purview of the Leadership Study

Over 3 years, Leadership Studies have been done to identify factors that can eith

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Goal Setting used to be done in a conventional way. Managers hold one-on-one meetings with their subordinates to set goals. 1st-slide-FAST-Method-300x193.jpg?profile=RESIZE_710xPerformances are reviewed against objectives and these are linked to promotion and bonus decisions. The same managers aspire their goals to be SMART – specific, measurable, achievable, realistic, and time-bound. But this conventional wisdom of goal setting rarely asks the fundamental question – does it work? The traditional approach to goals cannot ensure successful strateg

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The automotive sensor market segmentation (on the basis of sensor type) is further categorized into temperature sensor, pressure sensor, position sensor, speed sensor, level sensor, inertial sensor, gas sensor, flow sensor, knock sensor, force sensor, torque sensor, and other sensors.

The temperature sensor dominated the global automotive sensor market in 2018 and is anticipated to maintain its dominance throughout the forecast period (2019-2029), due to increasing number of exhaust gas temperatu

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Best Practices in Subsidiary Management

Dear Global Risk Community Member,

 

The world of regulation and industry requirements seems to be in a constant state of flux. As scandals rock the world, and as governments change and get tougher, those responsible for subsidiary governance struggle to keep track and manage risk.

Even the most experienced and confident of legal operations and risk professionals can struggle with this, however, turning to subsidiary governance best practices can help give you some peace of mind that your own 

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Businesses are getting increasingly complex and so are customers’ expectations. Digital organizations are digitizing their critical Customer Journeys at scale to outperform competition. These organizations are using Digitization to create streamlined journeys, which result in more agile IT units, quick delivery of new products, and improved Customer Experiences and Engagement.

But before embarking on digitization and streamlining Customer Journeys, organizations need to transform their products,

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The Smart Parent Guide to Digital Literacy

If you are the parent of a child or teen who uses the internet, here are some stats you need to know:

Stats About Teens and the Internet

  • Teens think that the internet is mostly private
  • They also think that they can make the best decisions for their life online
  • They believe they are safe online and that people are who they say they are
  • They don’t feel at risk if “friending” perfect strangers
  • They feel like since they are probably better at understanding technology, they can make better decisions than t
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One of the most exciting things in general about home theatre and audio is that it always evolves. Back in the 1980s, when the home theatre was introduced, Laserdisc was the best technology available to consumers with two channels of audio. The technology is continually being moved forward into new areas these days with 4K Ultra HD content and receivers that can accommodate up to 13.2 channels with Dolby Atmos. Companies are always striving to stay on top of the existing trends and also look to

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Your Pressure Relief Valve Must Work

8028302672?profile=originalThere is a pressure cooker analogy for driving business performance. That is, apply plenty of heat to the pot (which is your team) and keep the lid firmly shut. The team will push harder to reach their goals. As a safety mechanism, all pressure cookers have a relief valve and so the analogy goes, make sure you don’t overdo it and build up too much pressure. The reason is because one of two things would happen:

One is burn out and potential mental health issues. The other is that your team will fi

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White Paper: 3 Keys to a Best-In-Class Internal Control Program

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An effective internal control program is a key component of strong operational performance and reliable financial reporting, driving confidence in the ability of a company to achieve its objectives. But the road to sound internal control is paved with many challenges such as administrative burden, cumbersome reporting and low visibility.

Download the free White Paper: 3 Keys to a Best-In-Class Internal Control Program, that detail

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There are a number of ways that you can protect yourself online, and one of the things you can do is to start using two-factor authentication.

You probably have seen two-factor authentication even if you aren’t sure what it is. For instance, if you do online banking, your bank might text a code to your phone or email when you try to change the password. This is two-factor authentication. It’s basically just an extra step that confirms that you are the account owner. This makes it more difficult f

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Dear Global Risk Community Member,

 

The genius of Microsoft Excel for entity management is that it’s easy to use and there are free templates that exist online to get you started.

And yet, research shows that 23% of spreadsheets contain errors, companies spend an average of 18 hours trying to correct these errors and 72% of users regularly email spreadsheets with highly sensitive information, without considering the risk of breaching data regulations.

Download “Microsoft Excel & Entity Man

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The global food cold chain market research provides a detailed perspective regarding the type temperature type, application its value, and its estimation, among others. The purpose of this market analysis is to examine the food cold chain industry outlook in terms of factors driving the market, trends, developments, and investment landscape, among others.

Browse the Complete Report: "Food Cold Chain Market"

Market Segmentation

The food cold chain market (on the basis of type) has been segmented int

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Combating Financial Crime for FinTechs

For me, founding NorthRow wasn’t just about the business opportunity, but a chance to make a difference to the devastating effects that fraud and other forms of financial crime can have on individuals and companies.

Witnessing the corrosive effect of fraud on a family business was a key inspiration and I’ve embraced the opportunity to use my background in software, data and business to found a venture that now digitally transforms clients’ onboarding and monitoring processes, helps prevent fraud

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Science and medicine background has helped to break through new developments in biochip technologies that also combine next-generation sequencing (NGS) with actual problems. Since biochip technologies are being used in sequence engineering, the key advantages of biochips are their scalability and performance. With the benefits of biochips, NGS has favored scientific breakthroughs and technological advances in medicine. All current NGS platforms, nevertheless, require nucleic acid preparation at

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Not many technologies in the world exist for both public and private networks. After the Internet which allows internet as well as intranet, blockchain is a revolutionary technology where networks can be formed both for public and private domains. There are two types of blockchain as of 2018, private and public. The market is evenly divided across both types; however, the market is not evenly distributed across geographies.

Browse the Complete Report: "Blockchain in Energy Market"

Public Blockchai

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Top 5 trends driving the food flavors industry

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Food flavors and colors are widely used to improve the natural properties of chemicals added to food. Food colorings can be used to make foods look more appealing, whereas food flavors are used to improve existing flavor or add new flavor to bland items otherwise. Food additives used today are attracting increased attention, with increasing concern about their purity and possible health risks. The effect on the growth and actions of children, in particular, is a matter of ongoing discussion.

What

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The Bouris Appeal

8028303071?profile=originalMark Bouris of Yellow Brick Road Wealth Management and ex Wizard Home Loans, a renowned market disrupter, gave a speech at the Risk Management Institute of Australasia (RMIA) National Conference in Melbourne last week. He made an appeal to the audience of risk management professionals.

Before the appeal, he gave a lesson on how financial markets work with respect to home mortgages. Then he explained how he disrupted the home loan market with Wizard Home Loans in the late 1990s and 2000s through s

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Modern data center networking aims to manage clients with multiple data center workloads. In such a network, servers are the components that provide the necessary services to users (and the programs that run on their behalf).

Responses to API function calls may be the most basic forms of such networking services. Servers can provide applications for users/clients via Web protocols, language platforms, or virtual machines that will provide full desktops to users.

What is a Data Center?

A data center

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Columbia University has awarded me a Dean's Grant to assess advancements in ERM practice and Risk Governance. This survey is designed to evaluate current and planned advanced practice in ERM Risk Governance. The results from this survey will be used to improve instructional design for ERM students and to provide guidance to students about the skills and competencies needed to prepare for a career in risk management.

Your participation will help advance our instruction and provide participants in

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