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Wall Street & Technology August 22, 2006 |
Operational Risk Management Goes Global New research suggests that financial services firms across global regions will concentrate much of their spending over the next three years on operational risk management. |
Wall Street & Technology March 18, 2008 Cory Levine |
Lack of Standardization in Data, Reporting to Hinder Basel II Compliance Lack of standardization in the reporting process will be a major hurdle for financial institutions in complying with Basel II requirements. |
Wall Street & Technology May 25, 2005 Maria Santos |
Risky Business By formally introducing operational risk into risk management and capital calculation, Basel II is moving top-tier financial institutions to clearly identify, measure and report information related to operational risk. |
Bank Systems & Technology August 30, 2005 Phil Britt |
Comprehensive Controls The better control a bank has on its risk exposure, the better its opportunity for profitability. Still, many financial institutions continue to struggle to establish enterprisewide risk management controls that provide a true picture of risk across the organization. |
Bank Technology News May 1, 2008 Michael Sisk |
Governance, Risk and Compliance Budgets March Higher A recent survey finds that governance, risk management and compliance budgets at financial institutions will rise an average of 10.3 percent this year. |
Bank Systems & Technology April 25, 2008 Lisa Valentine |
Banks Need Unified Approach to IT Risk Management Global financial firms recognize the need to improve the alignment of IT risk management with the rest of the organization, according to a new report. |
Bank Systems & Technology February 25, 2010 Penny Crosman |
Recalculating Risk: The New Rules of Risk Management New data management and risk analytics tools are giving banks such as ING, HSBC and Union Bank insight into enterprise-wide risk exposures and a head start on Basel II rules. |
Wall Street & Technology September 21, 2004 Paul Allen |
Basel II: Coming to America Now that the Basel II Accord will apply to the U.S. securities industry, some firms are playing catch-up. |
InternetNews March 15, 2004 Clint Boulton |
IBM Package Looks to Stop Risky Business Package geared to cut down on credit risks in banks, according to European Basel II regulations. |
Bank Systems & Technology May 24, 2007 Nancy Feig |
Banks Make Headway Towards Basel II While international banks have made considerable progress toward complying with the provisions of Basel II, US banks still are waiting for the final rules. But that isn't keeping them from reexamining their risk management technologies. |
Bank Technology News May 1, 2008 Avid Modjtabai |
The Intersection of Compliance and Risk Management As businesses develop risk-management initiatives, they should keep the following points in mind. |
eCFO April 2001 Adam Lincoln |
Basel Faulty Managers at some smaller companies complain that Basel II will lower adequacy ratios on loads to healthy corporations but will raise the bar on loans to less-sound businesses... |
Bank Technology News June 2003 Karen Krebsbach |
Basel II: Burden Or Opportunity? Savvy banks know the price is worth it: Banks that embrace rather than resist Basel II, the mammoth proposal designed to control operational and credit risk, will claim a greater competitive advantage in the marketplace, say technology analysts. |
Wall Street & Technology September 23, 2005 |
Outsourcing for Operational Efficiency Regulatory pressures and an increasingly competitive market are forcing more and more financial institutions to turn to outsourcing as a way to improve their operational strategy, according to a recent survey. |
Bank Technology News August 2008 DiCristofaro & Kelly |
What's Driving IT Spend For Basel II The financial industry's largest banks and broker-dealers have faced considerable challenges in their efforts to improve financial risk management and satisfy evolving regulatory requirements generated by the Basel II Capital Accord. |
Knowledge@Wharton |
Operational Risk Poses Challenges to Financial Institutions and Regulators Operational risk is the chance that an institution may be laid low by an internal system failure -- such as not guarding against a rogue trader's activities -- or an external event. |
Wall Street & Technology November 17, 2003 Jim Middlemiss |
A Risky Operation A wave of new regulations is forcing investment-management firms to focus on reducing their operational risk. |
Bank Systems & Technology May 24, 2007 Nancy Feig |
Basel II's Three Pillars of Compliace While the minutiae of the supervisory regulations issued for Basel II by the Bank for International Settlements is as drawn out as its official name, there are three simple points around which the accord is based. |
Bank Technology News October 2008 Anthony Jabbour |
For Cost Cuts BPO and SaaS Still Deliver Banks are constantly looking for ways to dramatically reduce their IT costs; some banks have already launched programs targeted at cost reductions in the range of 50 percent. |
Wall Street & Technology January 24, 2006 Cory Levine |
A New View of Risk Only now are financial firms approaching the risk associated with their technology infrastructures as a business-critical initiative with substantial bottom-line implications and devoting greater resources to their maintenance. |
Bank Systems & Technology March 29, 2006 Maria Bruno-Britz |
Hidden Opportunity In preparation for a 2008 deadline, banks are starting to buckle down and initiate their Basel II strategies. With the purchase of a credit risk product from Reveleus, an i-flex solutions company, Wells Fargo is among the financial institutions readying itself for the new regulation. |
Bank Systems & Technology February 1, 2007 Jamie Geschke |
A Delicate Balance Innovation and differentiation will be required for U.S. financial institutions to compete with new entrants, non-traditional providers and global competitors. |
Bank Systems & Technology October 6, 2006 Nancy Feig |
Basel II Drives ERM The consensus among bankers and experts is that Basel II is the driving force behind enterprise risk management. |
Bank Systems & Technology January 5, 2009 Jonathan Gossels |
Banks Must be Mindful of Security When Cutting Costs Forget security initiatives - for most bank IT organizations, the focus is survival. |
Wall Street & Technology March 21, 2006 |
Basel II Progress Varies by Region When it comes to implementing Basel II compliance technologies, financial institutions' progress is all over the map: Europe is leading the race to comply... U.S. progress has been slowed due to uncertainty about the format and deadline... |
OCC Bulletin August 4, 2003 |
Proposed Revisions to Risk-Based Capital Implementing the new Basel Capital Accord This bulletin briefly summarizes the Advance Notice of Proposed Rulemaking (ANPR) and Supervisory Guidance developed for corporate credit risk and operational risk that were published today in the Federal Register. |
FDIC FYI January 14, 2003 |
Basel and the Evolution of Capital Regulation: Moving Forward, Looking Back How much capital is enough? How bank regulators have answered this question during the post World War II period has been shaped by two contending strands of thought. |
OCC Bulletin September 25, 2006 |
Proposed Revisions to (1) Risk- Based Capital Rule Implementing the new Basel Capital Accord and (2) Market Risk Rule This bulletin briefly summarizes two Notices of Proposed Rulemaking. The first NPR would implement new risk-based capital requirements for large or internationally active U.S. banking organizations. The second NPR proposes changes to the current risk-based capital charge for market risk. |
Bank Systems & Technology July 5, 2004 Cynthia Ramsaran |
The Buzz on Basel II Banks leverage enterprise management technologies to get head start on compliance. |
Bank Technology News May 2007 |
The Six Regulatory Areas That Are Altering Bank Life Regulation is a part of bank life. Failure to comply shouldn't be. |
Wall Street & Technology September 23, 2005 |
Basel II Falls Flat Despite increased efforts, banks are less certain about the benefits of Basel II compliance, according to a recent survey. |
Bank Systems & Technology February 13, 2009 Peggy Bresnick Kendler |
Perspectives: Green IT A growing number of banks have recognized that adopting "green," or energy-efficient, computing and operational principles isn't just about helping the environment - it also can help reduce costs, improve performance and provide competitive benefits. |
Bank Systems & Technology November 29, 2004 Ivan Schneider |
The Calculus of Basel II Basel rules allow banks to choose how granular they want to get. |
Wall Street & Technology January 4, 2004 |
Alert! Alerts Promise Operational Savings According to a recent Financial Insights study, Alerts and notifications for bank customers promise significant operational advantages in a variety of applications. |
Wall Street & Technology April 22, 2005 |
Capital Markets: Top 10 Strategic Initiatives for 2005 Ten strategic initiatives that will drive technology spending in the capital markets in 2005. |
Bank Systems & Technology March 27, 2008 Mike McDonough |
Centralized and Single-Platform Operations Reduce Overall Trade Finance Risk Banks with centralized operations and banks with all of their operations on a single platform will have a distinct advantage because there is lower operational risk generally associated with these structures. |
Bank Systems & Technology November 29, 2004 Ivan Schneider |
Reflections on Risk Leading banks are pursuing new ways to achieve competitive advantage through superior risk management. |
Bank Systems & Technology March 30, 2004 Peggy Bresnick Kendler |
Managing Risk No longer solely about complying with regulations and protecting cost centers, risk management is being used by banks as a strategic tool to support product development and revenue-generation strategies. Collecting, storing and analyzing real-time data is the key. |
IndustryWeek February 1, 2009 David Blanchard |
IT Budgets Are Sliding, But Not Drastically Only 35% of U.S. and Canadian organizations surveyed in 2008 reacted to the stock market turmoil by cutting IT operational spending. |
National Defense January 2015 J. Michael Gilmore |
History of U.S. Weapons Proves Value of Realistic Operational Testing Recently, there has been criticism that operational testing drives substantial cost increases and schedule slippage in programs and that its scope should be limited. The facts do not support these beliefs. |
Bank Technology News March 2009 Rebecca Sausner |
The Language Of Risk The financial industry needs a way to accurately gauge, predict and price operational, market, credit and even systemic risk, for regulatory and institutional use and for the accurate pricing of assets and insurance products. |
FDIC FYI April 21, 2003 |
Risk-Based Capital Requirements for Commercial Lending: The Impact of Basel II The purpose of this article is to demonstrate the mechanics of the Basel II risk-based capital calculation for commercial credit exposures, and to present evidence on the impact of the new calculations on capital requirements for syndicated loans. |
Bank Systems & Technology November 20, 2008 Parker & Pitchenik |
Banks Must Aggregate Risk Management Efforts Now banks and investment houses have no choice but to raise their ability to capture, analyze and act on risk information across the organization. |
Bank Systems & Technology August 30, 2005 Maria Bruno-Britz |
Standard Jumps on Standards Johannesburg-based Standard Bank chose SunGard's Capital Manager for Basel II solution for its Basel II compliance and capital management needs. |
Wall Street & Technology January 4, 2004 |
Beyond Compliance: The Business Value of Sarbox Investing in Sarbanes-Oxley could offer a competitive edge, according to a recent TowerGroup report. |
Bio-IT World July 2005 David Fishbach |
Does EDC Herald the End of CTMS? Clinical trial managements systems (CTMSs) and Electronic data capture systems (EDCs) are compared with respect to their history, advantages and disadvantages. Studies suggest both have enough advantages to survive in some form of integrated solution. |
CFO December 1, 2003 Randy Myers |
Basel's New Balance A new accord may soon help banks lend more for less. |
CRM February 2011 Donna Fluss |
Customer Service Initiatives for 2011 Tough economy erodes customer loyalty, but there are ways to rebuild it. |
FDIC FYI December 8, 2003 |
Estimating the Capital Impact of Basel II in the United States We use 19 years of financial data from all FDIC-insured commercial banks to develop a range of values for the key Basel II risk parameters that banks might be expected to use over time. This allows us to estimate average capital requirements under the A-IRB approach under a range of economic conditions. |
Insurance & Technology February 9, 2009 Peggy Bresnick Kendler |
Virtual Roundtable: Green IT Especially in turbulent economic times, "green" initiatives can be a boon to the business. |