Analytic benchmarking against a virtual oil portfolio

Volatility. It’s a business reality for energy market participants and it’s been a wild ride for the oil marketing business over the past few weeks. How has your energy risk data helped you navigate the recent increase in volatility and precipitous price drop? This month, we are launching a recurring […]

Post a Comment

The importance of modern and integrated risk management

Many financial services firms are still struggling with the business impacts of the financial crisis. A cautious economic recovery, strong regulatory response and weakened public trust have combined to pressure firms to make updates and improvements to processes and technology – notably in the area of risk management. Firms recognize […]

Post a Comment

Blocking, tackling and moving risk management up the field

With details of the UBS incident still coming in, the topic of rogue trading was in the air as the Committee of Chief Risk Officers (CCRO) held its second annual risk summit in Houston on Sept. 21-23. It’s natural for a gathering of senior risk practitioners to engage in some […]

Post a Comment

China Guangfa Bank answers the big data call

Dr. Yachen Lin, Chief Risk Officer of China Guangfa Bank Credit Card Center (CGB), was interviewed while at the 2011 Premier Business Leadership Series in Singapore. He discussed the analytics culture at CGB - explaining how CGB uses analytics to know its customers and manage risk. There are only 14 […]

Post a Comment

Union Bank uses SAS Credit Scoring to keep at-risk loans from default

Although midsize US banks do not need to follow the Basel II accord, some choose to. And as Hans Helbekkmo, Chief Risk Officer for San Francisco-based Union Bank, told guests at April’s SAS Global Forum Executive Conference, the decision to follow the Basel II requirements using a transparent, in-house approach […]

How do you convince a doubting executive to invest in risk management?

I often hear of and see this situation played out: It’s time to make an adjustment to the risk management strategy at the financial services institution, and the risk team is nervous about what approach will help get the necessary resources. Of course, there is no one-size-fits-all, magic formula, but […]

Post a Comment

Putting the enterprise in enterprise risk management

The goal of enterprise risk management (ERM) is to eliminate the siloed approach to identifying, monitoring and managing risk practices throughout an organization. By applying a consistent approach to ERM policies and procedures through a clearly delineated organizational risk hierarchy, organizations can mitigate risk and identify new business opportunities. Insurers […]

Post a Comment

Sustainable banking - The social dimension

We live in a world of digital communications, where social media provides the global population with the opportunity to come together like never before. This has brought a whole new dimension to consumer interaction. It provides instant channels for information exchange, experience and opinion sharing. Social media and multichannel digital […]

Post a Comment

New fees: The 2011 challenge for bankers?

There's an interesting article in Bank Systems & Technology entitled "U.S. Consumers Are Averse to Checking Fees, Survey Finds". At first glance, the title seems almost tautological; after all, who ISN'T averse to paying fees? Read a bit further, however, and you see that the issue is significantly more complex […]

Post a Comment

Risk management: The first step is data

Today, financial services organizations are swamped in data because of regulatory requirements, years of rapid growth, mergers and acquisitions, and Internet-accessible data. This flood has many firms struggling with disparate sources and varying degrees of data quality. There are several reasons your organization might choose to integrate its data, including, […]

Post a Comment