January 22, 2013 - New research undertaken by Chartis Research on behalf of SunGard, has found that although banks around the world are placing greater emphasis on capital planning and stress testing to help successfully address regulations like Basel III, 45% still do not have well-formulated and defined plans in this area.
January 22, 2013 - The Federal Financial Institutions Examination Council (FFIEC) today released proposed guidance on the applicability of consumer protection and compliance laws, regulations, and policies to activities conducted via social media by banks, savings associations, and credit unions, as well as nonbank entities supervised by the Consumer Financial Protection Bureau and state regulators.
January 15, 2013 - JPMorgan Chase has been sanctioned by US regulators for failures in its risk management operations after it lost more than $6.2 billion on a single credit derivatives trade.
Moody’s Analytics Enhances RiskFoundation to Address Dodd-Frank and CCAR Stress Testing Requirements
January 15, 2013 - Moody's Analytics, a leader in risk measurement and management, today introduced an enhanced version of its enterprise risk management platform, RiskFoundation™, to help banks better manage their Dodd-Frank Act Stress Test (DFAST) and Comprehensive Capital Analysis and Review (CCAR) data and reporting requirements.
January 14, 2013 - Maclear's enterprises, governance, risk and compliance (eGRC) software solution Maclear eGRC Suite™ and professional services recognized in the Institute of Risk Management's Global Risk Awards 2013 shortlist.
January 11, 2013 - A senior Lloyds executive is suing the British bank for £1 million in lost earnings, alleging that he was forced out of his crisis management post after blowing the whistle on "startling" failures in IT disaster recovery systems.
January 9, 2013 - In a newly released forecast, International Data Corporation (IDC) projects that the worldwide Big Data technology and services market will grow at a 31.7% compound annual growth rate (CAGR) – about seven times the rate of the overall information and communication technology (ICT) market – with revenues reaching $23.8 billion in 2016.
January 8, 2013 - Leading corporate risk prevention consultancy Riskskill, a division of UKFraud, has opened the New Year with a list of what they believe are the 8 biggest corporate risk hotpots faced by management in 2013.
