Operational risk is often described as the “silent disruptor” of the financial world. Unlike credit risk or market risk, which are measurable and frequently modeled with precision, operational risk is ...

For years, financial institutions, payment providers and treasury platforms have treated foreign exchange risk management and operational functions as independent domains. Businesses process payments ...

As disruption becomes more interconnected, traditional TPRM alone is not enough to keep a business running when something ...

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 ...

The push for standardization under Basel III continues, bringing significant changes to how banks calculate capital requirements for operational risk. Against this backdrop, the European Banking ...

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 ...

LONDON--(BUSINESS WIRE)--J.P. Morgan and Acin today announce that the global financial firm is expanding its use of the Acin platform to cover its Global Markets business. Acin, the SaaS company that ...

Wells Fargo (WFC +1.70%) has overhauled its compliance and risk management operations with six new appointments in an effort to enhance oversight. The new appointees build out the new, centralized ...