After the Storm: A new era for risk management in financial services
[ Source: SAS Institute ]
July 2009-
According to findings from a recent Economist Intelligence Unit report, less than half of risk professionals in the industry believe their strategies are sound given the financial and economic shell shock of the past 18 months. The way in which financial institutions identify, assess and manage risks continues to fall under intense scrutiny. The crisis has exposed the shortcomings of a whole host of risk techniques, and major soul-searching is now under way to ensure ....
Core Mission: Solving the Core Systems Transformation Puzzle
[ Source: TechWeb, the Global Leader in Business Technology Media ]
June 2009-
New financial services realities demand enhanced core functionality around risk, regulatory compliance and customer retention. To meet these demands while coping with a continuing global financial crisis and maximize the return on their technology investments, many banks are taking a phased approach to implementing new core capabilities. Three articles explore how some financial services firms are addressing their core systems issues: -- A Return to Core Values: Amid an economic downturn that is only ....
Global Software Integration; Why Do So Many Projects Fail?
[ Source: Estrella Partners Group ]
June 2009-
The IT field is littered with failed global software integration sagas. Post mortems on these projects have surfaced many reasons for their failures focusing on mismatched capabilities, local geographical requirements and perhaps project technical management deficiencies. Most global software projects start with a thorough analysis of feature and function. Do the capabilities of the standard software meet the needs of the corporate requirements? This exercise is generally performed by knowledgeable internal personnel, both technical and ....
Surviving in Uncertain Times: Decision Management Technology Can Help Banks Survive and Thrive Amid the Recession
[ Source: FICO ]
February 2009-
Entering a global recession, companies must respond to increasingly complex markets, changing threats and fleeting opportunities. Improving the way you manage your decisions is critical for survival. Decision Management technology meets four imperatives for businesses seeking to thrive in today’s difficult environment:
• Give business owners control to increase agility: Decision Management puts business owners in charge of day-to-day operations, and delivers a stronger partnership between the business and IT. These same business owners ....
Reducing the Cost of AML Compliance
[ Source: SAS Institute ]
January 2009-
This white paper gives a high-level overview of SAS Anti-Money Laundering software solutions as an integrated framework for risk scoring, alert generation, investigation and reporting. SAS has proven its value for financial institutions on every continent, with assets from less than $1 billion to more than $1 trillion, representing all financial sectors. Because no two financial institutions have the same AML monitoring needs, SAS offers customized methodology via distinct offerings. With SAS Anti-Money Laundering, institutions ....
The Hidden Dangers of Everyday Information Transfer
[ Source: Sterling Commerce ]
December 2008-
Every day financial services organizations share megabytes, gigabytes or even terabytes of data with their business partners around the world using protocols such as FTP, HTTP, S-HTTP, SFTP, and FTPS. If there’s no apparent service outage, security breach or audit failure, most organizations assume these protocols are doing a secure and effective job of file transfer. But each of these protocols has serious flaws that are quietly making it harder for financial ....
Economist Intelligence Unit Study: The Bigger Picture -- Enterprise Risk Management in Financial Services Organizations.
[ Source: SAS ]
September 2008-
A global survey of 316 financial services executives conducted in July 2008 by the Economist Intelligence Unit on behalf of SAS reveals that more than 70 percent of respondents believe that losses stemming from the credit crisis were largely due to failures in addressing risk management issues. Read this paper to learn more about the implications for how financial organizations approach risk management and the future of ERM in light of the ongoing impacts of ....
Using TriGeo Security Information Management To Meet PCI Requirements
[ Source: TriGeo Network Security ]
September 2008-
Simply deploying a security solution cannot guarantee meeting every Payment Card Industry (PCI) requirement in full. This whitepaper discusses the challenges of PCI compliance and how security information and event management (SIEM) provides the data visibility, log management, end-point security and active response needed to demonstrate and meet each of the 12 PCI compliance requirements.
Operational Risk: Where is the Value?
[ Source: SAS ]
April 2008-
This article focuses on finding the true tangible value of investing in upgrades (such as technology improvements) to the operational risk control framework and helps senior level security executives explain these benefits to the entire organzation.
Best Practices in Data Management
[ Source: SAS ]
May 2007-
As part of the ERM Global Program, this white paper should be used to establish SAS expertise and leadership in data management, particularly in relation to the development of an enterprise risk management strategy.