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Numerix launches enterprise model risk management tech

October 30, 2014 - Numerix, the leading provider of cross-asset analytics for derivatives valuations and risk management, has introduced a new technology for Enterprise Model Risk Management - Numerix Model Validation Studio.

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CSI promises holistic apporach to risk management with SmartRisk IQ

October 29, 2014 - In order to ensure full compliance with the latest regulatory requirements, examiners are now demanding that financial institutions address risk management comprehensively across the entire institution, instead of managing it through individual departments.

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RiskBusiness enhances OpRisk IntelliSet

October 28, 2014 - RiskBusiness International Limited, the leading international operational risk advisory firm, today announced enhancements to the audit, compliance and governance aspects of the RiskBusiness OpRisk IntelliSet.

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Twenty-four European banks fail EBA 'stress test'

October 27, 2014 - The European Banking Authority (EBA) published today the results of the 2014 EU-wide stress test of 123 banks. The aim of the stress test is to assess the resilience of EU banks to adverse economic developments, so as to understand remaining vulnerabilities, complete the repair of the EU banking sector and increase confidence. Twenty-four European banks have failed "stress tests" of their finances.

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Cyberattacks top of mind for financial institutions - DTCC risk survey

October 23, 2014 - In the wake of several recent high-profile cyber attacks on major sectors of the global economy, cyber security now ranks as the principal concern of the financial services industry, according to results of a new survey released today by The Depository Trust & Clearing Corporation (DTCC).

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Fortress to supply financial crime tech to Canandaigua National Bank

October 10, 2014 - Fortress Risk Management, a provider of advanced technology and services that defend community financial institutions from financial crime, has partnered with Canandaigua National Bank and Trust Company to provide its customized financial crime protection solutions.

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