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It is often said that the benefits of Risk Management are intangible. No argument here. It's tough to say "You were successful because I helped you manage your risk" when you are talking to an already successful CEO. How then do you demonstrate the benefits of Risk Management?

One approach is around the concept of Intellectual Capital. When we talk about the value of a business, we talk about book value and market value. The difference between book and market value is often described as the intan

Earlier on this year, the Bank for International Settlements released a paper which stated directly: "No macro stress test carried out ahead of the crisis identified the build-up of vulnerabilities"

This is a very harsh reality and highlights one of the key areas risk management needs to address. In this article we look at why stress testing risk systems hasn't been working for the banking sector.

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First, what is Sarbanes-Oxley (SOX) 404 compliance? It is the legal requirement for public companies that senior management state that their company's financial reporting is accurate. Sounds simple? The expense and the value are all in the execution. How is that done? Simply put, the flow of information from the financial reports themselves is traced and connected to the activities that generate that information and the resources that are depended upon to generate that information. That sounds l

Fitch’s publication made the news in the Financial Times recently. An extra $566bn has been announced as the figure big banks will need to meet the tougher Basel III bank capital standards.
But how will financial institutions meet these steep capital requirements? Find out at Euromoney’s Basel III: The Resolution Conference.

Hear from commercial giants including Lloyds Banking Group, Rabobank, Commerzbank and Unicredit on their strategies for optimising capital in light of the Basel III guidelines

A recent debate on the ISO 31000 Linked in forum about time and risk poses the following question "Is delaying a risk considered a separate treatment method or is it just a sub-type of changing the likelihood?"

Maturity across the Counterparty Credit Risk (CCR) and Credit Valuation Adjustments (CVA) space varies greatly across the industry. Our recent survey provided some interesting insights as to whether banks are ready for CCR and CVA under Basel III, thanks to detailed responses from our clients and academic participants.

We found that there are clear differences of opinion between academics and practitioners particularly when it comes to Basel III readiness for CCR. The same is reflected with rega

 We'd like to get your input on how you see Big Data and Cloud Data Warehousing. Please take our 10 question survey and give us your input. Everyone who completes the survey will be entered into a drawing for an iPad. The survey closes on June 8th at noon Pacific and the iPad winner will be notified on June 12th.

=⇒ http://bit.ly/TreasureDataTech

This paper identifies today's most critical web threats and provides checklists for you to identify and evaluate the security capabilities you need for the best web protection.

The web is the number one source for malware distribution today. While many organizations have replaced first-generation URL filters with secure web gateways, even these advanced solutions do not provide web protection everywhere. This paper identifies today's most critical web threats and provides checklists for you to i

Video interview with XL CEO Mike McGavick...on WRINtv.

Mike McGavick discusses how economic instability affects clients, the hardening insurance market, growth through innovation and M&A activity, Dublin's position in the global insurance industry, and the major challenges and threats facing the industry.

Use companies in GR as "Fronts" for Intelligence, security, etc worldwide.

For NGO, Corp security roles worldwide.

Just thinking.

If we assume risk management is actually formalised within an institution, then a firm might do well to perhaps consider embedding decision making and appetite into their risk enterprise framework.

A look into why it is so hard to comprehend risk appetite and five tips which improve the quantification of risk appetite on objectives.

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The enterprise social software market is exploding thanks to converging trends of consumerization, cloud, and mobile. In this must-read report, "The Forrester Wave: Activities Streams, Q2 2012", Forrester Research Inc. evaluated five social software vendors with core strengths in the stream based on the overall strength of vendors' current offerings, a clear product strategy, and vendor market presence.  

Learn more: ===> http://bit.ly/ActivitiesStream

There’s always a bright side to things, just ask the markets.

All three headline composites of the latest Case Shiller home price index were lower for the first quarter 2012. In fact, home prices in many cities are at the lowest levels since the housing crisis began.

This “good news” combined with the other “good news,” Greece being such a gigantic financial disaster that it’s getting kicked out of the Euro, propelled the market higher.

If we are going to follow the stock investor’s lead, and

Cold War 1 was from 1945-1991, with US & Russia, China on sidelines BUT aiding Korea & Vietnam.

Cold War 2 from 1991 Gulf War to Today with renewed China & 2nd Soviet empire rising.

China has stealth fighters, a aircraft carrier, tested sub launch missile off CA & her huge Army.

US vs China, but China owns our debt.

Total GlobalRisk alone from

Nuclear War

Biowar.

The Chinese hate Indians thus the 1/3rd of mankind killed in NT Rev Bible book.

War is coming.

Many sci fic movies have shown the ET alien threat since War of the Worlds radiocast in 1938 etc.

But on Science Channel, they had piece on Realistically looking at ET Threat & had these assessments:

o ET will use EMP devices to freeze worldwide Electronics.

IE No Dish TV, No EFTs, no car starting

o ET would use Kinetic discharge weapon to pillage the Earth.

ET will fear our Technology.

See 1950s movie War ofThe Worlds & 1990s ID4.

Both aliens assulted the Earths technology base.

Need a Unified O

Profiling.

OK armed citizenry

Make public so citizenry can act on data

Combine Intelligence agencies??

Combine data.

Reorganize Intelligence.

Expand" front" Co/

Hire Non types IE say Non IT for IT positions not req say programming?

CUT DoD waste for Data.

Drones over US Mex area.

Merge with counter piracy issues.

ID money trail.

More indoor gun clubs estd for Public use.

alone can deter terrorisim in the US, Canada.

Space debris racing thru Orbital space at say 10K mps can wreck havoc on manned spacecraft & satellites.

It can be the basis for a 350B Business alone,.

See Dan Weiss on Facebook.

Clearing Space Debris:

o Use giant magnet to attract the metal objects.

o giant fishnet to collect miscl objects

o shot to the Sun or Moon.

o Take some pieces to Earth for Reuse??

o some to a Musuem?

Space Debris Removal needs:

o worldwide Spaceports

o Orbital Hub for Collections

o Drone collector units.

o Lunar processing pl

Concentration risk is the "spread" of outstanding obligors or specifically the level of diversity that exists across a bank's loan portfolios. The lower the diversity, the higher the credit concentration risk.

In this blog post we look at the stress testing aspects around concentration risk and a presentation has also been attached to this journal which can be downloaded.

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