ROLLING MEADOWS, Ill.--(BUSINESS WIRE)--To help executives understand IT-related risk, IT risk managers should develop and test risk scenarios. A new guide and tool kit from global IT association ...

Vanta reports four risk treatment strategies-mitigate, accept, transfer, and avoid-to effectively manage threats, enhancing ...

Simulations are important. It was ever thus since the dawn of computing, but they have become even more important in AI-infused complex business environments. Simulations are core to any ...

We all know that the future is not going to look like the past. The mantra that past performance is not indicative of future returns applies to risk as well. Today we face risks from inflation, ...

A new proposal by the Basel Committee on Banking Supervision for setting the amount of capital banks must hold against potential losses from interest rate risk uses only a few, very stylized scenarios ...

Operational risk scenario analysis has existed for a long time. Why is it under more scrutiny now? Patrick Naim, Elseware: I wouldn’t describe it as scrutiny so much as more ambitious objectives for ...

WINDSOR, Conn., March 17, 2021 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the launch of SS&C Algorithmics Scenarios-as-a-Service (ScaaS), a subscription-based risk ...

This piece is part of a series benchmarking bank operational risk management practices. Risk Management subscribers can view selected cuts of the underlying data here. Sign up for Risk Benchmarking ...

There is a question that sits unanswered in the model validation reports of almost every major bank. It is not about calibration. It is not about backtesting. It is far more fundamental than either.

ROLLING MEADOWS, Ill.--(BUSINESS WIRE)--To help executives understand IT-related risk, IT risk managers should develop and test risk scenarios. A new guide and tool kit from global IT association ...