Aspen Insurance Holdings has gone live with FRSGlobal’s RiskResolve solution for operational risk management (ORM). The solution is complementary to the company’s regulatory reporting framework, FinancialAnalytics. The company claims that it allows managers to create a framework that evaluates potential expected and unexpected losses that can be included in a risk capital calculation. This reflects the demand by regulated financial companies, in addition to banks, to increase ORM and incorporate operational risk statistics into regulatory reporting alongside market and credit figures. The overall objective for Aspen’s group risk management team was to add value to the business by providing one overall framework incorporating the company’s various risk management requirements, with widely shared responsibilities.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more