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 ...

For years, financial institutions, payment providers and treasury platforms have treated foreign exchange risk management and operational functions as independent domains. Businesses process payments ...

To achieve operational excellence, organizations must embrace Intelligent Work Management, uniting human expertise and governed AI ...

What Are the Best Risk Management Tools and Techniques? Examine these risk analysis strategies and tactics. Risk management tools and techniques are pivotal for any business aiming to secure its ...

ATLANTA--(BUSINESS WIRE)--Riskonnect, the leader in integrated risk management (IRM) solutions, today announced its naming as an Integrator in Wheelhouse Advisors’ IRM Navigator™ Vendor Compass for ...

The practice, known as “shadow AI”, has emerged as employees seek to improve efficiency in the face of outdated tools and ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

The regulators fourth test of Central Counterparties (CCPs) showed proof of resilience but found that there was room to improve risk management frameworks. The European Securities and Markets ...

Operational resilience is defined as an organization's capability to endure adverse disruptions, adapt to challenges and recover from events such as cyberattacks, natural disasters, supply chain ...

In this article, Myrna Barakat Friedman identifies various forms of potential conflicts and a roadmap that executives, risk managers and counsel can consider to mitigate the risk of disagreements ...

Organizations that approach fraud risk management as an element of operational excellence, rather than a compliance exercise, ...