Risk Guide

NOVEMBER 5, 2022

By Horst Simon, The Risk Culture Builder. Bank regulators have been on a “capital charge”-path for a very long time. No capital charge can be a buffer for bad management of risk. History showed us that sometimes ALL the capital is not enough to save the bank from a risk event gone wrong.

Risk Management 69

Risk Management Risk Management Management Regulations 69

SIG Speaks

MAY 4, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate William Chanto Castro shares the tricks to overcoming the obstacles to meeting risk regulations and requirements. 9). The information required by the Regulator may come from different sources depending on the company.

Risk Management 76

Risk Management Risk Management Outsourcing Management 76

Risk Guide

JULY 24, 2022

Today’s efficient business faces the need to build an effective system for managing such risks, which, in addition to its direct effect on MNE, will also be an important signal to stakeholders, which, in turn, can reduce the cost of capital raised and increase revenues level. an increase of 1.5 °C,

Risk Management 59

Risk Management Risk Management Management Regulations 59

Everest Group

JULY 23, 2024

Organizations are increasingly relying on third parties for various functions to cut costs and leverage external expertise, which can introduce significant security risks. Read on, or get in touch if you have specific queries on this topic.

Risk Management 59

Risk Management Risk Management Management Right-Sizing 59

Risk Guide

NOVEMBER 15, 2020

By Horst Simon, The Risk Culture Builder. Maybe the time has come to finally take the people side out of Risk Management—let us change the Basle definition and say Operational Risk is just systems, processes and external events, that is anyway the perception that was followed by most in the world.

Risk Management 59

Risk Management Risk Management Management Government 59

Obobo

DECEMBER 13, 2022

What is Third Park Risk Management? First, let’s start with understanding what risk management is. Risk management is the process of identifying, assessing, and controlling risks. By identifying risks early on, you can take steps to avoid them or mitigate their impact. Definition.

Risk Management 52

Risk Management Risk Management Management Insurance 52

SirionLabs

AUGUST 22, 2022

But are organizations truly well positioned to preempt and mitigate potential contracts risks before they negatively impact the bottom line? The Disconnect Between Contracting and Risk Management Surprisingly, knowledge of contract risk is limited among enterprises. In its present state, contracting is largely manual.

Risk Management 52

Risk Management Risk Management Management Analytics 52

SirionLabs

AUGUST 22, 2022

But are organizations truly well positioned to preempt and mitigate potential contracts risks before they negatively impact the bottom line? The Disconnect Between Contracting and Risk Management. Surprisingly, knowledge of contract risk is limited among enterprises. Rooting Risk Management in Smarter Contract Management.

Risk Management 52

Risk Management Risk Management Management Analytics 52

Forrester Digital Transformation

AUGUST 30, 2022

Learn how to redefine data security in an age of multicloud, anywhere work, edge computing, and changing privacy regulations.

Regulations 48

Regulations Risk Management Risk Management Cybersecurity 48

Everest Group

APRIL 28, 2022

Sharing sensitive data with outsourcing providers in today’s interconnected digital world has increased organizations’ vulnerability to cyberattacks, making it more important than ever to have an effective supplier cyber risk management strategy. Not having a formal supplier cyber risk management strategy can cause compliance issues.

Risk Management 52

Risk Management Risk Management Management Cybersecurity 52

Risk Guide

FEBRUARY 7, 2022

Volumes have been written on the cause of the crisis the world is in, surveys have been done and many fingers are pointing in every direction—a couple of these are pointing straight at us, the Risk Professionals. It is time to renovate risk management. The basic Risk Management process cycle is one of those.

Risk Management 52

Risk Management Risk Management Management Banking 52

IBM Services

SEPTEMBER 14, 2023

These requirements create a technical challenge for enterprises—especially in regulated industries (e.g., Use the article as a guide to evaluate and determine the best options and connectivity offerings that fit your use case: Why are regulated workload components spread across multiple clouds?

Regulations 75

Regulations Insurance Administrative Banking 75

TMS

MARCH 7, 2023

One of the most important tasks that a project manager must handle is assessing risks. There are pre-set risk management processes that most managers apply in order to run the projects smoothly, without encountering any problems. The basic risk management process contains five core steps.

Risk Management 52

Risk Management Risk Management Management Finance 52

Perficient Digital Transformation

NOVEMBER 6, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility.

Regulations 52

Regulations Service Banking Advisory 52

McKinsey and Company

JUNE 30, 2022

Around the world, new regulations are promoting data localization. To comply, companies must be agile in their investments, but those that get it right could increase their revenues and market share.

Regulations 78

Regulations Marketing Risk Management Risk Management 78

Everest Group

FEBRUARY 22, 2024

Learn the steps organizations should take to prepare now and discover how the new DORA regulations will strengthen digital operational resilience. The DORA regulations are expected to significantly enhance the digital resiliency of the EU’s financial sector and foster greater stability, consumer protection, and trust.

Regulations 59

Regulations Cybersecurity Service Risk Management 59

inDinero

SEPTEMBER 21, 2024

Streamlining Nonprofit Financial Management To streamline financial management for your nonprofit, start by standardizing financial policies to guarantee consistency and transparency. This uniformity guarantees that all financial management processes are coherent and reliable, which is essential for maintaining financial stability.

Management 98

Management Accounting Collaborations Finance 98

V-Soft Consulting

JANUARY 17, 2024

GRC (Governance, Risk, and Compliance), is an operational strategy dedicated to handling an organization's governance, risk management, and compliance in alignment with industry and government regulations.

Government 105

Government Risk Management Risk Management Regulations 105

SIG Speaks

MAY 11, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Nathan Coffet discusses the process of updating a Third-Party Risk Management program and the benefits it can have. Some highly regulated sectors have had to learn what works and what does not.

Risk Management 40

Risk Management Risk Management Management Out-Tasking 40

Perficient Digital Transformation

AUGUST 3, 2023

Highly regulated industries, such as the financial services industry, are especially interested in generative AI’s capabilities surrounding how it can support ever-transient regulatory and data governance demands.

Risk Management 19

Risk Management Risk Management Service Insurance 19

SIG Speaks

MARCH 8, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate John M. Lehr discusses how third-party risk management teams must enter into a safe third-party relationship and how to build and maintain trust, as well as how to adapt as the consumer wants and needs evolve rapidly.

Risk Management 40

Risk Management Risk Management Management Right-Sizing 40

Perficient Digital Transformation

OCTOBER 24, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility.

Regulations 52

Regulations Service Banking Cybersecurity 52

IBM Services

OCTOBER 23, 2023

1] Managing complex business operations across a hybrid multicloud environment presents leaders with unique challenges, not least of which are cyberthreats that can bring essential business functions to a halt—potentially for days, weeks or months. The cost of a data breach at organizations with high levels of noncompliance is 12.6%

Risk Management 89

Risk Management Risk Management Regulations Banking 89

Automation Anywhere

NOVEMBER 17, 2020

GRC stands for governance, risk, and compliance. It’s a strategy for integrating an organization’s management of its governance, risk, and compliance initiatives with regulations. It can also assist with managing security, quality, ethics, and values and support business continuity. Who uses GRC?

Robotics Process Automation 97

Robotics Process Automation Regulations Government Risk Management 97

Perficient Digital Transformation

NOVEMBER 4, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility.

Regulations 40

Regulations Service Banking Insurance 40

Perficient Digital Transformation

OCTOBER 12, 2022

Activities include processes, structures, and policies that are meant to manage and monitor company activities. Risk : A sustained process of addressing risks, mitigating risks through controls, and providing assurance that the stakes are managed according to policies.

Risk Management 111

Risk Management Risk Management Government Automation 111

SIG Speaks

APRIL 4, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jai Chinnakonda shares why every organization should adopt integrated third-party risk governance and management into their team structure. These new-age partnerships require a different approach to managing third-party risks.

Risk Management 40

Risk Management Risk Management Government Management 40

Airswift

SEPTEMBER 19, 2024

Managing offshore projects necessitates a thorough understanding of regulatory compliance, predominantly maritime and aviation rules. These regulations ensure safety, operational efficiency, and environmental protection in challenging offshore environments.

Offshoring 52

Offshoring Management Regulations Risk Management 52

31 West

SEPTEMBER 24, 2024

Others include omissions like data erasure and management errors such as data deletion, loss, and alteration. Example: Consider a small business managing customers’ data and financial records on a local server. HIPAA regulates the use and disclosure of PHI in the U.S.,

Retail 130

Retail Regulations Insurance E-Commerce 130

IBM Services

FEBRUARY 8, 2024

Similar to GDPR for privacy, the EU AI Act has potential to set the tone for upcoming AI regulations worldwide. The EU AI Act aims to meet the challenge to develop and deploy AI responsibly across industries including those that are highly regulated such as healthcare, finance and energy. million euros or 1.5%

Government 77

Government Regulations Risk Management Risk Management 77

Perficient Digital Transformation

OCTOBER 30, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility.

Regulations 52

Regulations Service Banking Advisory 52

IBM Services

OCTOBER 16, 2023

AI governance refers to the practice of directing, managing and monitoring an organization’s AI activities. It encompasses risk management and regulatory compliance and guides how AI is managed within an organization.

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Government Management Risk Management Risk Management 75

Future of Digital Sourcing Outsourcing

OCTOBER 14, 2022

Since our launch in 2017 as a full-spectrum continuous risk monitoring solution, we have continually enhanced our framework to ensure that it aligns with changing market and client needs. In today’s dynamic ESG risk landscape, data collected at a point in time is quickly stale.

Management 72

Management Sourcing Risk Management Risk Management 72

inDinero

AUGUST 21, 2024

A Construction CFO is a financial expert specializing in the building sector’s nuances, combining traditional financial management skills with in-depth knowledge of construction processes, regulations, and industry-specific challenges. Regulatory Compliance : Ensuring adherence to financial regulations and industry standards.

Regulations 104

Regulations Finance Accounting Jobbing 104

Perficient Digital Transformation

JULY 12, 2023

Perficient provides risk management to more than 500 financial services organizations, many of whom have multiple bank regulators. Often an organization will have a state-charted non-member bank, which has the FDIC as its primary federal regulator. Introduction It’s not you. It’s the guidance.

Banking 52

Banking Management Regulations Risk Management 52

IBM Services

DECEMBER 4, 2023

DORA has several objectives, including to comprehensively address information and communications technology (ICT) risk management in the financial services sector and harmonize the ICT risk management regulations that already exist in individual EU member states.

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Right-Sizing Risk Management Risk Management Regulations 92

Perficient Digital Transformation

NOVEMBER 27, 2023

In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. Build a reliable risk management strategy using accurate estimations and predictions. This blog was co-authored by Carl Aridas and Joel Thimsen.

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Regulations Efficiency Healthcare Automation 52