Effective implementation of BCBS 239 is crucial for enhancing risk management and strategic decision-making in financial institutions. This course provides practical guidance on applying key BCBS 239 ...

Kate Toumazi, Global Head of Risk Data Services, Thomson Reuters, explains how firms should deal with enterprise-wide data that creates complications for dividing or aggregating. 1. How should data ...

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 ...

Human-free (robo) bank branches operating autonomously with software and embodied robots are now a reality, posing significant operational risks. Robots utilizing diverse underlying technologies ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Thomas J Catalano is a CFP and Registered Investment Adviser with ...

In the aftermath of the financial crisis, banks are revisiting their policies and systems infrastructure to adapt to new regulations, primarily focusing on optimising their cost of capital. Major ...

Risk aggregation and dependence structures constitute a fundamental aspect of modern statistical research, particularly in the realms of finance, insurance and risk management. This field addresses ...

Companies that want to achieve a sustainable and profitable business need to focus on three dimensions of their operations, generally speaking. First is value protection, a foundational concern that ...

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

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 ...