Category Archives: risk management

Ben Smith presents at GCOR XI in Boston

Eight things we kept hearing at GCOR XI in Boston

Earlier this week, I was part of a small team from Iceberg and RSA who attended GCOR XI in Boston, run by the Risk Management Association.  The two-day event brought together over 250 operational risk professionals to talk about trends, challenges and best practices. Here are eight things that I kept hearing in the hallways […]

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OSFI / BSIF

OSFI seeks comment on draft guideline for model risk management

The Office of the Superintendent of Financial Institutions Canada (OSFI) has released a draft guideline for Enterprise-Wide Model Risk Management, and is inviting stakeholders to comment on the draft before the end of February. “With the evolution of banking markets and innovations in banking products, the use of internal models by financial institutions has increased,” […]

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RECOMMENDED READING: Risk management news and notes for August 9

What we’re reading this week from the world of risk management. Center for Financial Professionals: Establishing an Effective Governance Structure to Better Account for Operational Risks “In today’s financial environment, operational risk has moved to the top of the CRO agenda and it’s developed from being considered just ‘operations risk’ or the risks of processing transactions to […]

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RECOMMENDED READING: Risk management news and notes for August 2

What we’re reading this week from the world of risk management. Norman Marks: Deloitte predicts change for Internal Audit Highlights and analysis of Deloitte’s new Chief Audit Executive survey, “Internal Audit at a Crossroads”. Compliance & Ethics Blog: Jeff Foxworthy, Compliance, and Internal Audit A fun piece on CCO and IA that takes off from Jeff Foxworthy’s redneck […]

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RECOMMENDED READING: Risk management news and notes for July 27

What we’re reading this week from the world of risk management. Risk.net: US life insurer MassMutual makes strides in op risk with corporate culture and IT “The centrepiece of MassMutual’s risk management programme is the ‘MassMutual way’, a philosophy that allows every member of staff to raise potential risk management problems, which can then be fixed. […]

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Gartner Magic Quadrant for Business Continuity Management, 2016

Gartner ranks RSA Archer as a Leader in Business Continuity Management

Gartner has given another strong endorsement to RSA Archer’s Business Continuity Management (BCM) solution, naming it a “leader” in the magic quadrant evaluation for the third year in a row. The report examines some of the trends in BCM, noting that organizations are moving from a basic “respond and recover” approach, to establishing more operational resilience.  “Although the […]

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RECOMMENDED READING: Risk management news and notes for July 5

What we’re reading this week from the world of risk management. CFO.com: Making Cybersecurity a Business Function Poses Challenges “In cyber-security circles, the idea of ‘aligning security with the business’ gets a lot of lip service, but alignment is not a one-way street. There are some very real challenges associated with implanting cyber-risk management as a […]

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