What makes a great risk management team?

Keeping steady hands on the corporate tiller, risk managers have very specific traits that can flourish in contrasting yet complementary ways Keith Ricketts –  vice president of Sword Active Risk. Much like risks themselves, risk managers come in all shapes and sizes. However, in terms of character inflections and outlook, there is, in fact, a stereotypical risk-manager mentality – and our research shows that about 60% fall broadly into this…

Rivo Positions in Gartner Magic Quadrant for Operational Risk Management

Rivo today announced it has been named in its second Gartner Magic Quadrant report of 2014, recognized as a global player in Operational Risk Management (ORM). Rivo, the leader in enterprise software-as-a-service based safety, security, sustainability, supply chain and analytics solutions, today announced it has been named in its second Gartner Magic Quadrant report of 2014, recognised as a global player in Operational Risk Management* (ORM). On May 6th of…

4 Key Points: Internal Audit Versus Risk Management

There are gaps and different viewpoints on internal audit versus risk management. It begins by recognizing that there should be a relationship between the two areas. In theory, everyone in the company should be concerned with risk management, but not all support or plan risk management, unlike in internal auditing, says Jo Willaert, Corporate Risk Manager at Belgium’s Agfa-Gevaert Group. source : cfoinnovation.com  

Porto Seguro Begins GRC Journey With Nasdaq’s BWise

GRC Platform Enables Convergence of Key Risks in Internal Audit, Internal Control, Compliance and Operational Risk Management Nasdaq’s BWise (Nasdaq:NDAQ), a global leader in enterprise Governance, Risk Management and Compliance (eGRC), announced today that it has been selected by PortoSeguro, one of Brazil’s largest insurance companies, to help support its new business risk management process. Porto Seguro will use BWise for Internal Audit, Internal Control, Compliance and Operational Risk Management…

Audit and Risk Professionals Say Biggest Challenge is Communicating with Executives

The most widespread challenge facing audit, risk management and compliance professionals is putting their work into a context that speaks to executives. According to the 2014 GRC Technology Pulse Survey, conducted by ACL, the company that is transforming audit and risk, 42 percent of the more than 1,700 finance, audit, risk, and compliance professionals surveyed cited this issue as the largest obstacle they face today. One reason this remains a…

AvePoint Wins 2014 Disability-Smart Award for Compliance Products and Solutions

Avepoint, the established leader in enterprise-class management, governance, and compliance software solutions for next-generation social collaboration platforms, announced today that it won the 2014 Disability-smart award in the category of Products and Services, B2B for its compliance solutions. AvePoint Compliance Guardian and Compliance Guardian Online – part of AvePoint Online Services, used by nearly 2 million cloud users today – offer complete Governance, Risk and Compliance (GRC) platforms that provide…

Major Trends Shaping Governance, Risk Management, and Compliance in 2015

As 2014 comes to an end, it is important that we look back and reflect, as well as prepare for what is yet to come in 2015. Our world is increasingly risky, regulated, mobile, social, global, cloudy, interconnected and data-driven. All of this, taken together, has significantly and fundamentally changed the way individuals live and work, and the way organizations conduct business. Amidst such change, in the year ahead we…

Enterprise Risk Management : 4 Predictions for 2015

The year 2014 has come and nearly gone, and it’s clear that enterprise risk management will not go quietly into the night. Following a 2013 that saw Edward Snowden NSA leaks, a Carnival Cruise line generator fire, and Target’s credit card heist (to name only a signature few), this year has proven to be no slouch: FINRA has disciplined thousands of companies with over $34 million in fines, Home Depot and…

Effective risk management key to corporate success

Firms win risk awards STRICT adherence to globally acceptable risk management strategies by organizations would facilitate a stress-free attainment of pre-set corporate objectives. Besides, pondering over the debilitating effects unprepared risks could exert on the survival of an organization, it behooves on managers to take risk management seriously. The Founder of the Nigerian Risk Awards and Chief Executive Officer of Conrad Clark Nigeria Limited, Joachim Adebayo Adenusi, made the remarks…

Sico announces key management appointments

Securities & Investment Company (Sico), licensed by the Central Bank of Bahrain (CBB) as a conventional wholesale bank, has announced two new senior management appointments. Anantha Narayanan, who joined Sico in 2008 as the head of internal audit, takes over as chief operating officer. With over 24 years’ international experience in audit and risk management in the banking industry, he previously worked for international and regional banks as well as…