Open Solutions Canada - Mitigating Risk with INETCO Insight [ Source: INETCO Systems Ltd. ]
June 2009- Open Solutions Inc. provides cutting-edge banking technologies and payment transaction processing solutions that help customers compete in the international financial services marketplace. As Open Solutions' service offerings expand, they have identified the need to track financial transactions from beginning to end, so that any service problems or potential cost-saving efficiencies could be proactively detected. They need to monitor financial transaction quality in a passive way that required little service disruption for their customers and does ...

Data security and privacy: A holistic approach [ Source: IBM ]
October 2011- News headlines about the increasing frequency of unauthorized access to sensitive data and identity theft have focused awareness on data security and privacy breaches - and their consequences.<br><br> In response to this issue, regulations (SOX, HIPAA, PCI-DSS, FISMA, EU Data Privacy Directive) along with the rising number of regulatory mandates have increased the pressure to show immediate compliance, otherwise failure to ensure compliance can result in significant financial penalties ...

Credit Risk Management: Challenges and Opportunities in Turbulent Times [ Source: SAS Institute ]
January 2010- In times of economic turmoil, weaknesses of risk management systems in financial institutions have become very apparent. Shortcomings are most evident in mortgage-backed securities and collateralized debt obligations. It is not difficult to predict that banks that are able to come up with a consistent database, build their risk systems upon an integrated and efficient architecture, and employ cutting-edge risk management techniques will have strong competitive advantages. Abandoning outdated systems, patchwork solutions and standalone workarounds ...

Managed Security Services versus in-house Security Information Management [ Source: Dell SecureWorks ]
June 2011- Preserving network security is a necessity; you must decide the best approach for your organization, weighing the quality of protection, risk tolerance and the associated costs.<br><br> This white paper provides an executive-level summary of the potential costs associated with managing information security in-house versus using a Managed Security Services Provider (MSSP) to reduce costs and improve the quality of protection.

Enterprise Risk Management for Financial Services [ Source: SAP ]
July 2010- Download this whitepaper to better assess and manage risk enable accurate asset valuation, prevent data loss and fraud, increase transparency, and optimize compliance.

You can rapidly verify and integrate data, increase organizational transparency, and improve your understanding of risks across the enterprise.

With accurate, up-to-date information, your organization can weigh and manage risk factors to find new ways to cut costs while moving with agility to recognize and capitalize on opportunities ...

Leveraging Bank Risk Management Practices for the Insurance Industry [ Source: IBM ]
March 2012- Insurance companies are beginning to recognize the potential value in deploying a robust operational risk management framework and integrating it into their ERM efforts.

Meeting The Solvency II Operational Risk Challenge [ Source: IBM ]
March 2012- Automating operational risk practices is essential for insurance companies to gain a holistic view of risk and embed ORM into the corporate culture.

Carnival Corporation and PLC [ Source: IBM ]
March 2012- Carnival Corporation & plc enhances process-based risk assessment system with the IBM OpenPages GRC Platform.

Solvency II compliance for insurance [ Source: IBM ]
March 2012- Learn how the IBM solution for Solvency II introduces a proven framework for risk management - including defining required capital levels and implementing procedures to identify, measure and manage risk levels.

Aligning Finance, Risk and Treasury Operations: Meeting the Requirements of Emerging Regulations [ Source: Oracle ]
February 2012- Banks must meet more (and more varied) regulations today than ever. The sheer scale and scope of banking regulations, including Dodd-Frank, Basel III and IFRS, pose challenges to all financial institutions, from the smallest bank to the largest financial services enterprise.<br><br> While the greater transparency required by these regulations can seem like a burden, savvy firms are beginning to realize that the same information can help them run their ...