OpenPages
How AI can automate model validation testing and continuous monitoring
As the business environment becomes more complex – and as regulatory scrutiny increases – it has never been more crucial for financial institutions to ensure their models are robust and fit for purpose.
The ORR 20: Compliance software rankings 2011
GRC is back
The ORR 20: Op risk software survey
Room to move
Modelling operational risk under Solvency II
Fits and starts
Sponsored webinar: Meeting the Solvency II operational risk challenge
Solvency II introduces a new EU-wide regulatory approach to determine capital adequacy for meeting an insurer’s true risks. Due to come into force in 2012, Solvency II promises a more sophisticated ‘risk-based’ form of supervision that will require many…
Banks seek a single op risk software solution
All for one
IBM acquires operational risk software vendor OpenPages
Partnership on GRC software leads to deal, and new opportunities, says OpenPages' Gordon Burnes
Governance returns
Excessive risk-taking was a major cause of the recent meltdown in the financial markets. Time, then, for corporate governance to return in force
Natural selection -- Software rankings
This year’s OR&R software survey shows that not only is operational risk management expanding way beyond its initial remit, but governance, risk and compliance is also establishing itself as a firm favourite among those looking to weather recent market…
Sponsored statement: Meeting the Solvency II operational risk challenge
Three industry experts spoke at an exclusive Operational Risk & Regulation webinar on operational risk and Solvency II and the challenges facing insurance firms today
All in one -- Software rankings
Budgets are under pressure, and more and more firms are opting for a single platform provider for all their compliance software needs. Victoria Pennington looks at which companies they are turning to, and why
Fighting tough
Software survey
Webinar -- Managing Op Risks in Crisis
Register to listen to a Webinar from OpRisk & Compliance, held on March 31, in London, featuring Simon Wills from ORX and John Wittaker from Barclays, sponsored by OpenPages.
Vendors feel the crunch as banks lie low
Management
ORX chooses OpenPages and IBM partnership
Daily news headlines
Room for improvement
Sungard tops our survey of software vendors, its products proving a hit across the op risk and compliance spectrum. But op risk executives continue to demand more from the software industry, reports Dianne See Morrison
KRIs: that difficult age
Key risk indicators (KRIs) were once the golden child of operational risk, but they are now in the midst of a turbulent adolescence. Peter Madigan asks whether KRIs will start to grow up in the next couple of years
Harvesting loss data
Although often the core of Basel II models, loss event data is usually less robust than op risk executives would like. Peter Madigan explores the challenges around collection, clearing and enrichment