risk-management
TechnologyHow Data Governance Can Minimise Cybersecurity Risks for Private Equity Firms
Top StoriesRussia May Use Chemical Weapons in False Flag Attack but Not More Broadly, Western Official Says
Top StoriesExclusive-China’s Regulators Check Risks to Futures Brokers From Nickel Positions
Top StoriesPrudential Flags Ukraine Conflict Risks After 2021 Profit Rise
Exclusive-BNP Paribas Bars Russia-Based Staff From Computer Systems as Cyber Attack Fears Grow
Date: March 9, 2022
By Sinead Cruise and John O’Donnell LONDON/FRANKFURT (Reuters) – France’s largest bank BNP Paribas has cut off its Russia-based workforce from its internal computer systems as it seeks to bolster its defences against any potential cyber attack, a source with direct knowledge of the matter told Reuters. The French lender, believed to be the first...
UniCredit, BNP Paribas Reassure Investors Despite Hefty Russia Exposures
Date: March 9, 2022
By Valentina Za and Iain Withers MILAN/LONDON (Reuters) – Italy’s UniCredit and France’s BNP Paribas reassured anxious investors on Wednesday over their respective Russian exposures, despite detailing billions of euros in potential costs from the financial shockwaves of Moscow’s invasion of Ukraine. Banks, insurers and asset managers have been scrambling to distance themselves from Russia...
The Digital Operational Resilience Act (dora) Is on the Way, but What Does That Mean for Businesses?
Date: March 8, 2022
By Angus Panton, Business Unit Director, Expleo Resilience and the ability to maintain continuous service in the face of multiple threats and challenges is a major theme for financial institutions in 2022.For digital-first organisations, this means putting a proactive risk mitigation strategy in place to avoid customer service interruptions, enabling faster recovery from outages, and...
Marine Insurers Widen High-Risk Area as Ukraine Conflict Escalates
Date: March 8, 2022
By Jonathan Saul LONDON (Reuters) – London’s marine insurance market has widened the area of waters around the Black Sea and Sea of Azov that it deems high risk as Russia’s invasion of Ukraine intensifies and perils to merchant shipping grow. The insurance industry’s Joint War Committee (JWC) said in an advisory dated March 7...
Pragmatic Automation: Overcoming the Stigma Surrounding Quick Fixes and ‘automation Debt’
Date: March 4, 2022
By Yad Jaura, Product Marketing Manager at Netcall Automation has been heralded as a key accelerator in the pursuit of digital transformation over the last few years, with the concept of intelligent automation – known by Gartner as ‘hyperautomation’ – currently forging ahead as one of the most important and intriguing technological trends. According to...
The Art of the Trade: Why Trading Education Is Vital in the Current Climate
Date: March 4, 2022
By Stavros Lambouris, CEO at HYCM International In an increasingly volatile economic landscape, it’s vital that traders are equipped with the best tools possible to make the most of their investments. As such, trading education and support are more important than ever. With inflation expected to rise to 7% in the spring, an increase in interest...