On August 20, 2015, the Office of the Superintendent of Financial Institutions (OSFI) released Draft Guideline E-21: Operational Risk Management (Draft Guideline) for comments. With the Draft ...

Recently, I spoke with several clients who had attended mortgage industry conferences. Each one of them pointed out the very same fact: Operational risk and regulatory compliance are the most ...

The push for standardization under Basel III continues, bringing significant changes to how banks calculate capital requirements for operational risk. Against this backdrop, the European Banking ...

Of all the financial buzzwords on Wall Street, "risk" and "operations" are in the forefront these days. With new position limits, rules and regulations rolling out as fast as firms make headlines for ...

The last decade has seen an explosion in technologies with tremendous potential impact on a business. From internet-connected devices to the algorithms that can make sense of the mountains of data ...

In the milieu of various risks that banks encounter in financial intermediation, the broadly classified risks are (i) Credit risk (ii) Market Risk and (iii) Operational risk. Despite sufficient ...

LONDON & CHICAGO--(BUSINESS WIRE)--With just over five months left to prepare for the new UK Regulatory Operational Resilience Requirements, Fusion Risk Management, Inc. (“Fusion”), a leading provider ...

Key Takeaways Supply chains are becoming more distributed, and as a result, vendor relationships have become ongoing ...

The A-D-A-E framework is a governance model that injects ESG accountability, enterprise risk management, regulatory ...

CHICAGO & LONDON--(BUSINESS WIRE)--Fusion Risk Management, Inc. (Fusion), a leading provider of risk management software and services, and Sungard Availability Services (Sungard AS), a leading ...