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Vendor risk management is rapidly emerging as a critical component of firms' operational-risk-mitigation activity

July 25, 2014 - A three part report from Aite Group, Vendor Risk Management: Strength in Warning by Denise Valentine, looks at the topic of vendor risk management among commercial banks and the institutional buy-side asset management community. Vendor risk on areas like technology is a serious operational, financial, and reputational risk to the financial institution. Firms are tapping third parties to accomplish a multitude of business goals, particularly as they focus on core competencies to achieve growth and improved profitability.

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European Banking Authority (EBA) Reporting - "What's on the horizon?" Lombard Risk online polling results

July 23, 2014 - Event summary and results of live online poll from recent webinar: European Banking Authority (EBA) regulatory reporting "What's on the horizon?"

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Rabobank extends agreement with INFORM GmbH for world-wide fraud prevention and risk management solution

July 15, 2014 - INFORM, the leading fraud prevention and risk management software provider, announces Rabobank Group, one of the world's leading financial institutions has signed a full site RiskShield license to conduct transaction monitoring and fraud prevention across its business units and international network.

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Rabobank signs for Inform RiskShield

July 15, 2014 - Inform, the leading fraud prevention and risk management software provider, announces Rabobank Group, one of the world's leading financial institutions has signed a full site RiskShield license to conduct transaction monitoring and fraud prevention across its business units and international network.

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More spending required by Life Insurers on risk and performance analytics

July 14, 2014 - According to a paper published by Financial Risk Solutions (FRS), a provider of unit-pricing and investment administration software to the life insurance industry, Life Insurers need to spend more money on performance analytics to support the risk management function of their business and meet the oversight requirements of pending Solvency II.

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ISACA Global Study: Organizations Not Prepared for Advanced Cyberthreats

July 9, 2014 - An ISACA global study released today shows that one in 5 organizations (21 percent) have experienced an advanced persistent threat (APT) attack, and 66 percent believe it's only a matter of time before their enterprise is hit by an APT. Yet only 15 percent of enterprises believe they are very prepared for an APT attack. And among the companies that have been attacked, only one in three could determine the source.

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