TITLE

THE INTERSECTION OF COMPLIANCE AND OPERATIONAL RISK MANAGEMENT

AUTHOR(S)
Modjtabai, Avid
PUB. DATE
May 2008
SOURCE
Bank Technology News;May2008, Vol. 21 Issue 5, p28
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the challenges faced by the financial services industry in complying the operational risk management practice in the U.S. The operational risk management is created to protect investors and the public from any financial risk in the future. There are various factors to be consider in conceptualizing operational risk management including technology advances, environmental security and industrial management initiatives.
ACCESSION #
33304151

 

Related Articles

  • System Needs an Overhaul, Not Tweaks. A. Ludwig, Eugene // American Banker;5/16/2008, Vol. 173 Issue 95, p11 

    The author reflects on questions raised regarding changes which should be made to the financial services industry. Questions which the author has regarding changes to the financial services industry, discussed in the article, include the regulating of financial institutions, the conducting of...

  • RISK TAKING. Okamoto, Karl S.; Edwards, Douglas O. // Cardozo Law Review;Sep2010, Vol. 32 Issue 1, p159 

    With this phrase, the Wall Street Journal recently captured the sentiment driving the movement to regulate bankers' pay. While we agree that financial industry executives made poor decisions, we take issue with the recent suggestion that, to prevent the excessive risk taking that led to the...

  • Finances In Focus. Wright, Michael; Jones, Edward D. // Word (Word Publications - Ted Fleischaker);Nov2011, p34 

    The article discusses the advantages of working with a financial professional in handling financial matters. According to the author, a financial professional can help one determine if he or she is a moderate, conservative, or aggressive investor and then recommend those investments that are...

  • Quantum Leap in Risk Reporting Within Reach. Niestat, Eddie; Belmont, James // American Banker;12/9/2003, Vol. 168 Issue 235, p17 

    Major advances have been made in information technology and risk modeling in the past 20 years. In risk modeling, broad acceptance of techniques such as Monte Carlo simulation, economic capital allocation, and risk-adjusted performance measurement has enhanced banks' ability to seize profit...

  • technology TOOLS.  // Financial Executive;Apr2005, Vol. 21 Issue 3, p64 

    The article presents information on recent technological developments related to business management in the United States. NexVue Systems of Stamford is rolling out its BIOVue platform for middle-market companies. BlOVue builds on existing technology such as Microsoft's SQL server systems, to...

  • Rulers of Risk Management: An International Perspective. Dzinkowski, Ramona // CMA Management;Dec1999/Jan2000, Vol. 73 Issue 10, p38 

    Analyzes approaches used by financial services industries for assessing market risks. Advantages and disadvantages of team based strategy; Use of up-front pricing in creating growth and value out of an acquisition; Impact of operational risks on the banking sector; Importance of effective...

  • Can you spot your opportunity? Merrick, Bill // Credit Union Magazine;Mar2001, Vol. 67 Issue 3, p15 

    Offers a look at the results of a study conducted by the International Institute of Banking and Financial Services for Unisys Global Financial Services on management risk. Implication on focusing too much on risk; Findings.

  • ERM Saved Some Firms From Fin'l Meltdown. McDonald, Caroline // National Underwriter / P&C;2/9/2009, Vol. 113 Issue 5, p27 

    The article highlights the results of a report by the New York-based Risk and Insurance Management Society which characterized mortgage crisis as a "wakeup call" for risk managers. The report shows that companies who used enterprise risk management saved them from the financial meltdown, while...

  • How prevalent are risk committees?  // Directors & Boards;2015 Annual Report, Vol. 39 Issue 4, p33 

    The article discusses the report "A Global View of Risk Committees" which analyzes public companies and reveals the prevalence of risk committees on the board level, the prevalence in financial services industry (FSI), and the lack of regulatory requirement of companies without a risk committee.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics