Oracle Launches New Compliance and Risk Management Solutions February 22, 2013New Oracle Financial Services Foreign Account Tax Compliance Act Management targets pending FATCA requirements; expanded Oracle Financial Services Enterprise Risk Management suite addresses challenges around stress testing and model risk management. How to Better Coordinate Data and Processes Across Risk and Finance November 14, 2012While CRO's have gained increase independence as a result of the regulatory environment, that same environment also requires strong integration between risk and finance. Renaissance of Fraud Spurs New Approaches to Anti-Money Laundering October 12, 2012Adopting a comprehensive approach to financial crime prevention, with greater reliance on analytics tools and collaboration among banks, regulators and law enforcement entities, was the theme of ACAMS' recent AML & Financial Crime conference. The Ingredients of an Innovative Bank Branch June 16, 2011The highly evolved bank branch is more than tacked-on technology. Celent Defines the Components of a Model Bank June 14, 2011Celent to honor banks for model initiatives at its Banking Innovation and Insight Day in Atlanta. 90% of Top-Tier Banks Say Their Pricing Models Must Change March 29, 2011The status quo no longer works for banks in this post-Basel III and Dodd-Frank era, an IBM/Economist survey finds. For large banks to succeed, they need to change their pricing strategies and improve risk and client behavior data.
Italian Bank Consortium Chooses Accenture to Develop Probability of Default Analytics November 03, 2010SEC Servizi to use a version of SAS's Credit Scoring for Banking software to help Italian banks revise risk models and comply with Basel II. Experian and Moody's Analytics Partner on Consumer Credit Loss-Forecasting and Stress-Testing Solutions April 26, 2010Experian and Moody's Analytics partner on consumer credit loss-forecasting and stress-testing solutions; strategic alliance will provide advanced tools to help financial institutions manage their consumer loan portfolios. Bank Austria Revisits Risk Models Post-Crisis March 22, 2010The Austrian bank has already developed a universal market data engine for sending accurate market data to its risk models, it's now focused on credit basis risk and new rules from BIS and IASB. FICO Service Adjusts Risk Models Based on Economic Conditions March 09, 2010Analytics-based service designed to help lenders improve their risk management practices. Recalculating Risk: The New Rules of Risk Management February 25, 2010New data management and risk analytics tools are giving banks such as ING, HSBC and Union Bank insight into enterprisewide risk exposures and a head start on Basel II rules. Data was at the Heart of the Financial Crisis February 25, 2010Data quality and data modeling are critical to limiting risk, reports Michael Rodgers, Director of Business Development, Netik. Moody's Analytics Acquires Commercial Mortgage Modeling Software January 20, 2010Plans further integration of modeling tool with its other risk management products. Swedbank to Deploy Aleri Liquidity Risk Manager November 16, 2009Swedbank to deploy Aleri Liquidity Risk Manager; solution will help Swedbank Markets unit manage risk and meet FSA regulations. Four Firms, Including Wipro, Develop a New Model for ECM Auditability: ECM3 February 24, 2009 Creating a Self-Funding IT Model January 08, 2009Three initiatives to support changing the IT cost model from one of cost to self-funding. Experian Rolls Out Business-to-Business Credit Scoring Model October 27, 2008 Sibos News: SunTec Launches Relation-Based Loyalty Solution September 17, 2008SunTec relation-based loyalty solution helps banks develop loyalty-based rewards and dynamic pricing offerings. Effective Risk Management Demands Transparency Across Organization June 24, 2008Banks' senior managers, boards, and risk controllers -- the risk trinity -- must work together to achieve a robust, balanced approach to valuation practices, liquidity management and data analysis. Banks Prove Top Performers in Call Center Study April 28, 2008Financial services is among the top industries in deploying call center tech, study claims.