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Bank of America Names Laughlin President of Strategic Initiatives, Greener Chief Risk Officer

April 24, 2014 - Bank of America Corporation today announced that Chief Risk Officer Terry Laughlin is moving to a new role as president, Strategic Initiatives. Geoffrey Greener, Enterprise Capital Management executive, will become chief risk officer.

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Fincad releases F3 platform for enterprise valuation and risk analytics

April 23, 2014 - Fincad, the leading provider of OTC derivatives pricing and risk management solutions, today announced the availability of its F3 Platform, designed for enterprise valuation and risk analytics solutions.

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Wolters Kluwer Financial Services Highlights Key Steps towards Enterprise Stress Testing

April 17, 2014 - Experts at Wolters Kluwer Financial Services have outlined key steps when developing an effective risk management framework and strategy to the EU stress testing exercises, which began in 2014. Through applying an integrated balance sheet modelling approach and aligning the planning and stress testing framework with regulatory requirements, ICAAP/ILAA processes, financial and budgeting processes, financial institutions can not only develop an effective program to meet the ECB and EU regulators' stress test requirements, but also embed a risk management culture which supports a sustainable business model.

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As cyber threat grows, EU regulators warn FS firms on IT budgets

April 3, 2014 - Europe's financial institutions have been told by regulators that they must protect their IT budgets in order to guard against the growing threat of cyber attacks.

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RiskShield is selected by Zurich Insurance Group (Zurich) to prevent fraudulent claims

April 2, 2014 - INFORM GmbH and arvato infoscore, both global companies specializing in software, credit information and fraud detection using intelligent process optimization logic to improve business productivity, announces that RiskShield has been selected by Zurich to serve as a fraud detection solution for their counter fraud efforts across their global network of subsidiaries in emerging countries.

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Lombard Risk announces REPORTER cloud for COREP/XBRL regulatory submissions

March 27, 2014 - Lombard Risk Management plc (Lombard Risk), a leading provider of integrated regulatory reporting and compliance, liquidity and collateral management solutions for the financial services industry, announces REPORTER cloud for COREP / XBRL regulatory submissions.

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