Latest Operational risk News: Finextra Research

Government report alleges risk and security failures at SocGen

A probe into the EUR5bn Société Générale rogue trading scandal by the French government has revealed that the bank was warned last year that its security systems and internal controls were lacking.

04 February 2008

News/Operational risk

Credit crisis to spur op risk IT spending - Datamonitor

The sub-prime crisis will spur banks to increase spending on operational risk technology from $754 million in 2007 to over $1 billion in 2010 - an average annual increase of almost 12% - according to the latest Datamonitor research.

01 February 2008

News/Operational risk

Guotai Junan Securities recruits Algorithmics and IBM to build risk platform

Toronto-based vendor Algorithmics is working with IBM to develop and implement a portfolio and risk management system for China's Guotai Junan Securities.

15 January 2008

News/Operational risk

Turquoise chief Lederman to keynote at Finexpo

Eli Lederman, the newly-installed chief executive of bank-backed equities trading venue Turquoise, is among a roster of top-level keynote speakers participating in this year's Finexpo, the capital markets industry's leading technology conference and exhibition, taking place at The Brewery, Chiswell Street, London on 30 January.

11 January 2008