Tag: risk management

Analytics | Risk Management | SAS Events
Luis Barrientos 0
¿Está listo ante una próxima crisis financiera?

Ante un panorama macroeconómico volátil, la búsqueda de oportunidades financieras toma trascendencia. En palabras del analista político-económico, Erick Guerrero los indicadores internacionales apuntan a una crisis del sistema financiero, basta con mirar lo que el Fondo Monetario Internacional registró en su monitor de octubre 2016, donde la deuda global se

Fraud & Security Intelligence
Stavros Stavrinoudakis 0
Visual Investigation: the emerging role for Audit, Compliance, Safety & Security, Health and Financial Crime Departments

From national security agencies, law enforcement organizations looking to terrorism and criminal activities, internal security, audit and compliance departments, to hospitals and public health organizations guarding against disease outbreaks, there are many common needs and constant challenges, e.g.: Detect an event of interest in the early stages. Investigate suspicious events

Analytics | Risk Management
Luis Barrientos 0
Logre el éxito de la alta dirección mediante un buen manejo del riesgo.

Los episodios económicos y financieros del presente siglo han apremiado al sistema financiero a generar bases exhaustivas, perdurables y también adaptables tanto en el ámbito local como el internacional; sin embargo, aún se siguen analizando, probando, modificando e implementando planes, estrategias e ideas sobre el camino, lo cual no es

Risk Management
Ian Jones 0
All quiet on the Barnett Front

The Barnett Shale in North Texas hit a historic mark on April 25: Its rig count fell to zero. Two hundred rigs once harvested the 40 trillion cubic feet of natural gas in this massive basin, stretching beneath 17 Texas counties. Today, nothing. This dramatic silence in North America’s second-largest

Data Management
Stuart Rose 0
The final countdown… and beyond

It’s rather appropriate that the rock band Europe recorded the hit “The Final Countdown”, because today, September 22nd, represents 100 days until the much anticipated (and delayed) European insurance legislation Solvency II will come into effect on January 1st 2016. Designed to introduce a harmonized, EU-wide insurance regulation, Solvency II

Risk Management
Larry Roadcap 0
Five Keys to Successful Stress Testing

Stress testing is not new to the risk world but has been a major focus since the GFC (Global Financial Crisis). For a number of years now, stress testing has helped analytical specialists quantify various aspects of potential loss. What is new is the introduction of regulatory stress tests which

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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

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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

Data Management
Waynette Tubbs 0
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,

Risk Management
Waynette Tubbs 0
Should we do more in risk management?

There are numerous strategic risk issues that might keep a chief risk officer or chief executive officer awake at night. Particularly since the financial meltdown, many are asking themselves (and anyone who will listen), “Do we need to do more in risk management?” Evaluating your program is an intense process,

Leo Sadovy 0
Making the “How Certain” Decision

Once you’ve quantified the risk surrounding your business decision (see my previous two posts on this topic) there comes the matter of presenting it in a manner that actually facilitates the decision making process, rather than bogging it down in irrelevant details. It’s not, of course, that executives are innumerate,

Risk Management
Leo Sadovy 0
How Certain is that Number in the Window

My introduction to the issue of risk in business decision making came rather abruptly and rudely during what I thought was going to be another routine quarterly business review with the executive committee. My particular agenda item was to present the business case for a “lite” version of one of

Risk Management
Leo Sadovy 0
How much, How soon, How certain

The best business book I’ve ever read (or at least the best by someone not named “Drucker”) has been “Competing on Value” by Mack Hanan and Peter Karp. Not trendy or full of consultant-speak buzzwords, first published in 1991, it’s simple, direct approach has stood the test of time, even