Archive for the ‘Management’ Category

Banking: Sector locks the stable door after the horse has bolted

In the maelstrom of the financial upheaval, banks suffered a battering not just to their balance sheets but to reputations. The mix of accusations – of excessive risk-taking, inflated rewards and poor controls – added to government bail-out billions and hostile public opinion forced banks to take decisive action.

June 21, 2010   Posted in: Banking, General News, Management  No Comments

NDIC slams universal banking, says inherent risks were not considered

Nigeria Deposit Insurance Corporation (NDIC), at the weekend, slammed the universal banking system, saying that its introduction was not followed by serious thoughts of the risks inherent in the operations of financial supermarkets and the need to mitigate them appropriately.

June 21, 2010   Posted in: Banking, Management  No Comments

Fund managers focus on collateral

Until recently, the risk of a counterparty failure was close to the last thing on fund managers’ minds. Instead, the complex investment risks in managing derivatives exposures were a far higher priority. That is now changing, as managers focus on what and how much they take as collateral, and how they manage it.

June 21, 2010   Posted in: Finance, Management, Market  No Comments

Risk Managers Told to Address Unknown Risks

The Risk and Insurance Management Society Inc. (RIMS) announced the release of its latest executive report, Emerging Risks and Enterprise Risk Management, at RIMS 2010 Annual & Conference & Exhibition in Boston.

May 2, 2010   Posted in: Investment, Management  No Comments

‘Financial Crime Risk Management’ technology market projected to hit $3.75bn by 2012

The global market for financial crime risk management technology is projected to hit $3.75bn by 2012, at a compound annual growth rate of 13.1%, according to the ‘Financial Crimes Risk Management Systems 2009′ report by Chartis Research.

March 29, 2009   Posted in: Finance, Management, Market, Technology  No Comments

China’s Insurance Regulator calls for Improved Risk Management

China’s insurance regulator called on the companies it oversees to tighten risk-management procedures and be alert to potential loopholes.

March 29, 2009   Posted in: Insurance, Management  No Comments

Moody’s raises red flag about Desjardins risk-management practices

Moody’s Investors Service has raised a red flag about the “strategic risk management practices” at Desjardins, the Quebec-based financial co-operative that announced a major loss this week.

March 5, 2009   Posted in: Management  No Comments

Businesses neglect risk management at their peril

In an economic downturn, firms need to increase the effectiveness of their information risk management as early as they can. But those that seek to cut the cost of their risk management activities are accelerating their own possible demise.

March 5, 2009   Posted in: Management, Technology  No Comments

Active Risk Management launches electronic driver permit

Active Risk Management (ARM) has launched an electronic driver permit, which allows fleet managers to check if their employees are eligible to drive on company business.

February 4, 2009   Posted in: Management, Technology  No Comments

Trading technology: RCG hunts for risk management

Foreign exchange prime brokers and their exchange-traded product counterparts, the full commission merchants (FCMs), will be fully aware of the complexities involved in modern risk management.

February 4, 2009   Posted in: Management, Technology  No Comments