For financial institutions, threat modeling must shift away from diagrams focused purely on code to a life cycle view ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

Jireh, a reinsurance innovation solutions provider, and Strategic Risk Solutions (SRS), an independent insurance company ...

The U.S. bank supervisory agencies recently issued for public comment revised guidance regarding the implementation of the proposed Basel II-related, risk-based capital requirements. Among the ...

Atkar: Not necessarily on operational risk. For instance, the recent Basel paper on the treatment of insurance to mitigate operational risks proposes arguably a more complicated approach than ...

Operational risk is the potential loss to earnings due to people, processes, technology, and external events. Earlier this summer, Deutsche Bank also agreed to pay $75 million in lawsuit settlements, ...

Following the global financial crisis that began in 2007–08, policy- makers have multiplied their efforts and implemented reforms to strengthen the resilience of the financial sector. But – while ...

I managed to catch some of the first day on Thursday of the "Pricing Model Validation: Mitigating Model Risk" conference. I thought it would be worthwhile going along since firstly the past 12-18 ...