Algorithmics, the leading provider of risk solutions, today announced that it has been awarded a patent for its operational risk capital modeling framework. The patent recognizes Algorithmics' ...

Defense Secretary Pete Hegseth has promoted a "wartime footing" for Pentagon acquisition, but the approach may come with ...

Regional banks show near-universal adoption of scenario analysis to gauge their exposure to operational risks, with an average deployment rate of 92% across their top five op concerns, including cyber ...

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 ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The survey of 400 risk managers at 300 financial institutions ...

This article was written by Antonios Lazanas, Head of Portfolio and Index Research at Bloomberg. Modern risk modelling is not just about monitoring risk. Sure, the specialists who manage risk are ...

British Actuarial Journal contains the sessional research programme of the Institute and Faculty of Actuaries along with transcripts of the discussions and debates. It also contains Presidential ...

A new model for governance and risk management issued Monday by the Institute of Internal Auditors (IIA) makes major updates to the Three Lines of Defense model that has been popular for years. Called ...

As banks have gone through the Comprehensive Capital Analysis and Review (CCAR) process, one thing that has become abundantly clear is that just because you passed the test one year, complacency won't ...

WELLINGTON (Reuters) - New Zealand's central bank has revoked Australia and New Zealand Banking Group's local license to calculate its own operational risk capital due to "persistent" control failures ...