Financial Risk Management

This network brings together professionals involved in the oversight and management of their company's financial risks and exposures as well as solution vendors, in order to discuss risk issues including interest rate risk, foreign exchange risk and commodity price risk, among others.

Retired Member 

Humans and robots: the future of customer-centric banking

A recent report by the Future of Work Commission, chaired by deputy Labour party leader Tom Watson, made me reflect on how banks in the UK have dealt with the technological revolution of the last few years, and how they might fare in 2018, when the pace of change will undoubtedly quicken. Indeed, a mainstream newspaper covering the report ran th...

03 January 2018 /regulation /retail

Retired Member 

How FinTech Impacts Portfolio Risk Management

The Internet. Nothing has disrupted our lives more. And one of the biggest more recent disruptions has been in the financial industry. While alternative banking first began with PayPal, the development of financial technology (fintech) has been steady, albeit gradual, ever since. Then, the financial crisis of 2008 hit and consumers lost trust in t...

17 November 2017 /regulation

Retired Member 

Why Is Risk Analytics Important?

The rise of big data, computing power, and advanced analytics enables companies to gain valuable insights from data. Artificial intelligence, machine learning, the Internet of Things, and drones are just a few innovative tools now available to help companies gain a more complete view of their businesses and make better decisions. For risk managers...

18 August 2017 /ai /regulation

Retired Member 

Money Laundering, Financing of Terrorism, Demonetisation - is it a tool? What is the impact?

You may be aware that the Government of India demonetised the highest two denomination bills of INR1000/- and INR500/- on 8th November 2016. Whilst, the usage of demonetisation as a tool to fight corruption and money laundering is debatable, the Indian case study, as per a Reserve Bank of India memo released on 11th August 2017 mentions that a

11 August 2017 /regulation

Retired Member 

BI and Analytics - A New Perspective

It has been said, and we will say it again, that ‘data is the new oil.’ Volumes of data, and the number of channels through which that data flows are exploding. In 2016, we created more data than the previous 5,000 years of existence at about 2.5 quintillion bytes (that’s about 10 million Blu-ray discs) per day. And with the proliferation of data ...

09 August 2017 /regulation /retail

Darren Thomas MD at IHS Markit

Are You Prepared for MiFID II Outreach and Repapering?

With the clock counting down to MiFID II compliance, impacted dealers and other financial institutions are steamrolling ahead to prepare. Regulatory change management leads within these firms face multiple workstreams in managing the path to becoming compliant with the wide-encompassing Directive. In managing timelines to adherence, dealers shoul...

12 July 2017 /regulation

Retired Member 

MiFID II: 6 Key Changes for Client Lifecycle Management

In less than six months’ time (January 3rd, 2018), banks will need to be fully compliant with MiFID II regulatory obligations. In her second blog on the topic, Laura Glynn, Fenergo Director of Regulatory Compliance, explores the six key areas where MiFID II will impact the Client Lifecycle Management process. A wide-ranging and complicated regulat...

20 June 2017 /regulation /inclusion

Retired Member 

The Future of Mortgage Origination is not About Mortgages Anymore

onsider this scenario. Sam has to pick up some checks from a client, but his car is in the shop. So, Sam takes an Uber to the client's office, gets the checks, scans the checks into a business account using his iPhone, takes another Uber (making a dinner reservation through OpenTable while inside Uber), arrives at the restaurant, sits down to eat,...

01 June 2017 /retail

Retired Member 

Vendor risk management is all about the pre-plan

Supply chain failures compromise the ability of an organisation to operate effectively and in extreme circumstances even to survive. Yet many businesses struggle to mitigate the risk of such failures due to poor vendor risk management: research from CIPS suggests fewer than half of procurement professionals consistently put strategies in place to ...

30 May 2017 /regulation

Retired Member 

RegTech and KYC

RegTech & KYC: Over-selling, under-delivering…Is this creating more risk in the market? In recent years, the banking industry has been inundated with regulation. From AML, to EMIR, Dodd-Frank, MiFID II, to FATCA & CRS and enforcement, the volume of new regulation has been unprecedented. One of the most significant side-effects of this is th...

11 May 2017 /regulation