Data Mgmt

Tableau for Effective Risk Management Dashboards

Description of how tableau can be used for effective risk monitoring. Organizations need to have processes in place to ensure they meet compliance requirements and mitigate risk. These processes are supported by the use of solutions such as Tableau Software…

Leveraging Big Data for Regulatory Projects

This article explores the feasibility of using Big Data Technology in the areas of Banking and Financial regulation. It examines the challenges involved in using Big Data Technology and explores the way forward. Continue reading here: Big Data For Regulatory projects…

FATCA – The Best Opportunity for KYX!

By: Marc Murphy (Fenergo) Having attended the FATCA Forum event in London two weeks ago, one word kept cropping up time and time again in relation to FATCA – not from vendors (surprisingly enough) but from compliance and tax experts…

Cyber Exposures: More than the Technical

By: Douglas A. Nagan Initially, when faced with threats, man had to choose between ‘fight’ or ‘flee’. In these times, we have many more choices because, along with the increased number and sophistication of threats, we have created improved strategies,…

Risk Management of Remote Deposit Capture

The Federal Financial Institutions Examination Council (FFIEC) issued guidelines on risk management of remote deposit capture (RDC) processes at banks. RDC is a deposit transaction system which permits banks to receive digital information from deposit documents recorded at remote locations.…

Still Using Spreadsheets to Manage Risks

By: Christina Duren Managing risk is essential in every organization to accomplish its key objectives effectively. Risk management not only requires a reliable process to capture risks, but also needs a mechanism to document and administer the organization’s response. Spreadsheets…

Model Risk – Key Concepts

A model is “a quantitative method, system, or approach that applies statistical, economic, financial, or mathematical theories, techniques, and assumptions to process input data into quantitative estimates.” Model risk is the risk associated with using financial models that are inherently…