Even though overall information-technology spending is down in the financial services, risk technology spending is vibrant. BY TOM STARNER Emerging technologies, which allow risk managers to capture data in a meaningful way, are allowing managers to do so at lower cost and with less disruption than in the past. Cloud computing, mobile computing and predictive analytics, offer a…
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Category Archives: Operational Risk Management
Riskonnect Selects Russell McGuire For New Position of Director, Enterprise Risk Services
Posted on January 19, 2012January 19, 2011, Marietta, Georgia – Independent risk management software company Riskonnect, Inc. announced today the addition of Russell McGuire for the new position of Director, Enterprise Risk Services leading the product direction, implementation and consulting services of the company’s Enterprise Risk Management (ERM) application. Riskonnect continues to grow at a rapid pace, with the…
Riskonnect offers a game-changing business collaboration platform…
Posted on October 6, 2011Riskonnect offers a game-changing business collaboration platform to transform, improve the risk management discipline Riskonnect Inc. has brought a solution for the “discoverability” issue to the world of risk management, but that’s only one part of how Chatter, a new, award-winning collaborative capability is helping Riskonnect and its clients succeed at the business of risk…
Risk & Insurance: Technology In-Depth Series (Part 3): Making the Leap
Posted on August 1, 2011Risk managers skilled at using risk management information systems are going to be able to ditch the mantel of safety expert/insurance buyer and transform themselves into a strategic member of the management team. By TOM STARNER, who writes about technology. Meet Jeff Gehrke, one of a newly emerging breed of risk managers. He faces the…
Risk & Insurance: Technology In-Depth Series (Part 2): The Passing of the Silos
Posted on June 1, 2011Information technology has evolved and can unify an organization under one enterprise risk management umbrella. By TOM STARNER is a freelance writer who specializes in writing and reporting on technology As director of risk management at Terex, a global heavy manufacturing company in Westport, Conn., that employs a large skilled workforce, Dave Wingo knows all…
OPERATIONAL EFFECTIVENESS | New report focuses on key ERM issues
Posted on September 13, 2010Enterprise Risk Management Operational Effectiveness New report focuses on key ERM issues By Michael J. Moody, MBA, ARM The Rough Notes Company Rarely does a week pass without some new white paper or study about enterprise risk management (ERM) hitting risk managers’ inboxes. This is not surprising, since the failures of risk management have been…
Integrating internal audit with enterprise risk management
Posted on September 7, 2010Suits The C-Suite – Business World Online Edition By Rebecca G. Sarmenta Integrating internal audit with enterprise risk management The traditional role of internal audit is undergoing a transformation. One important aspect of this transformation is the integration of internal audit with the discipline of enterprise risk management (ERM). With integration, internal audit can focus…
SEC Pushes Companies for More Risk Information
Posted on August 3, 2010SEC Pushes Companies for More Risk Information The regulator pushes back on companies’ risk disclosures and considers changing its related rules. Sarah Johnson - CFO.com | US August 2, 2010 The Securities and Exchange Commission has been prodding companies in recent reviews of regulatory filings to provide more information about the risks they face. In annual and…
Mastering a Mountain of Risk
Posted on July 7, 2010Mastering a Mountain of Risk American Banker, Bank Technology News | Michael Sisk July 2010 There is a saying that history doesn’t repeat itself, but it rhymes. And that is the dilemma for risk managers. It’s very unlikely a new crisis will look exactly like a predecessor since banks build those scenarios into their risk…
The Cloud Casts a Shadow
Posted on June 23, 2010The Cloud Casts a Shadow Lured by easy, inexpensive cloud-computing services, business units are bypassing IT departments when choosing solutions, creating a rise in “shadow IT.” David McCan – CFP.com | US June 15, 2010 The proliferation of cloud-computing services is enabling many companies to lower information-technology costs and the capital risk associated with innovation….