Investment banks must consider a broad and multi-faceted range of factors in the normal course of business. Recent years have seen even more emphasis on a company’s impact on the environment and society as a whole. Beyond this, there is also a growing emphasis in the area of governance; specifically, an organization’s policies and practices… Continue reading The Importance of ESG in Company Valuation: A Guide for Investment Banks
IBM OpenPages GRC Services | GRC Consulting – iTechGRC
Category: Industry
How Custom IRM Solutions Can Help Banks Meet Regulatory Requirements
The financial business space is one of the most highly-regulated industries, with dozens of different legal requirements and regulatory oversight organizations creating a complex risk management landscape. These laws and regulatory requirements shape a financial institution’s processes, protocols, and practices, while simultaneously creating a sense of accountability. Regulatory noncompliance represents a serious liability in the… Continue reading How Custom IRM Solutions Can Help Banks Meet Regulatory Requirements
The Link Between ESG Performance and Financial Performance: A Data-Driven Analysis
Recent years have seen a dramatic increase in the number of companies that are placing great emphasis on ESG — environmental, social, and governance issues. It’s a mainstream movement that showcases a company’s commitment to and alignment with socially progressive and pro-environment ethics and values. But simply implementing and deploying ESG initiatives within your organization… Continue reading The Link Between ESG Performance and Financial Performance: A Data-Driven Analysis
How Investment Banks and Brokerage Firms Can Incorporate ESG Investment Strategies Into Their Overall Investment Approach
The financial sector has a broad and multifaceted risk management landscape where environmental social governance (ESG) principles reign with great prominence. The ever-increasing emphasis on environmental and social governance issues has prompted investment banks and brokerage firms to incorporate ESG investment banking strategies into their overarching investment strategy. The objective: highlighting organizations that exemplify their… Continue reading How Investment Banks and Brokerage Firms Can Incorporate ESG Investment Strategies Into Their Overall Investment Approach
Agile internal audit management: Complying with industry’s dynamic regulations and beyond – A financial services perspective
The financial services sector undergoes constant changes, which include expanding organizational risk profiles, stricter regulations, and increasing stakeholder expectations. These factors create a demanding assurance landscape for internal audit teams. However, traditional internal audit processes and outdated technology hinder real-time visibility into risks and impede the flexibility to address these changes effectively. To tackle these… Continue reading Agile internal audit management: Complying with industry’s dynamic regulations and beyond – A financial services perspective
The Importance of Continuous Support in Financial Controls Management: Tips for Evaluating Providers
Companies in all industries and business sectors ought to have a well-established risk management strategy in place. Within that strategy, financial controls management plays a critical role. The reason? Criminals of all kinds — including cybercriminals — tend to target a company’s financials and/or data. Most business leaders recognize the importance of financial controls management,… Continue reading The Importance of Continuous Support in Financial Controls Management: Tips for Evaluating Providers
Best Practices for Implementing an Effective Operational Risk Management Program for Financial Institutions
Banks and other financial institutions face a slew of risk management challenges, many of which are in-built and inescapable components of their core business model. Unfortunately, this means that there are many threats that can never be fully neutralized and even more vulnerabilities that are impossible to eliminate. What’s more, the financial space is one… Continue reading Best Practices for Implementing an Effective Operational Risk Management Program for Financial Institutions
How Insurance Companies Can Incorporate Cyber Risk Analysis into Their Business Continuity Management Plan
The insurance industry is amongst the most complex when it comes to risk management, seemingly with threats approaching from every angle. In fact, insurance dwells within a sector where the business model has a significant in-built element of risk — risk factors that can only be partially mitigated, if at all. The National Association of… Continue reading How Insurance Companies Can Incorporate Cyber Risk Analysis into Their Business Continuity Management Plan
How to Identify and Prioritize Risks in Business Continuity Management
An ever-increasing number of business leaders are placing increased emphasis on risk management as part of their overall business strategy. It’s a trend that we’ve seen since the COVID-19 pandemic — an event that revealed the true fragility of success in the business world. The pandemic left many company leaders and stakeholders shaken as they… Continue reading How to Identify and Prioritize Risks in Business Continuity Management
How to Choose the Best Financial Services Risk Management Framework
Enterprise risk management can get extremely complex, especially when you are dealing with a frequently-targeted industry such as the financial sector. In fact, financial institutions and companies specializing in financial services are amongst the most targeted businesses, resulting in a multifaceted and complex risk management landscape. Enter the financial services risk management framework, a tool… Continue reading How to Choose the Best Financial Services Risk Management Framework