Risk Management

BrandProtect, a provider of social Internet risk detection and threat mitigation solutions, has extended its enterprise-class cyber threat and reputational risk detection and mitigation platform with the addition of advanced mobile app validation and rogue mobile app inspection and analysis. The BrandProtect cyber threat and reputational risk detection and mitigation platform delivers 24/7 brand and […]

Progressive Insurance has selected BAE Systems Applied Intelligence to provide the insurance company with fraud protection. The NetReveal general insurance counter-fraud solution of BAE Systems Applied Intelligence will help to augment Progressive’s identification of claims fraud in the personal auto insurance sector. The service will be integrated into Progressive’s advanced internal systems and operations to […]

You might feel these days that you spend all your time struggling with compliance or financial reporting risks, but not really getting to the big risks that really matter. You might be right. At least, that’s one conclusion in the latest report from the Corporate Executive Board. Compliance officers would do well to read it, […]

Cortera, a provider of business-to-business analytics and cloud-based risk management solutions, has announced the launch of Cortera Score, a predictive risk measurement tool that extends its Cortera Pulse service. The Cortera Score predicts a company’s future health and credit risk by drawing insights from trends in the company’s purchase behavior, payment history and business events. […]

Newly released guidance from the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) warns financial institutions about the warning signs and suspicious activities that may indicate human smuggling and trafficking and how to report those discoveries. “Financial institutions, large and small, can play a critical role in identifying and reporting transactions related to these unlawful activities […]

Convercent recently announced the launch of its risk management solution that weaves risk throughout the Convercent platform to better prioritize compliance and risk management efforts. Convercent offers a single software solution for compliance tools and data to work together to address an organization’s most pressing risks, enabling compliance professionals to design a risk-based program; implement […]

As expected, and long-anticipated, the Financial Stability Oversight Council has initiated a process that could lead to insurance giant MetLife being classified as a systematically Important Financial Institution, subjecting it to greater regulatory expectations and capital requirements. In a statement, following a closed session at the Treasury Department, the FSOC provided only sparse information about […]

The Office of the Comptroller of the Currency has published final guidelines intended to strengthen the governance and risk management practices of large financial institutions. The guidelines apply to insured national banks, insured federal savings associations, and insured federal branches of foreign banks with $50 billion or more in average total consolidated assets. They also […]

Amber Road, a provider of global trade management solutions, announced that the Acteon Group, a global integrated subsea services provider, has chosen Amber Road to automate and standardize restricted party screening across all of its worldwide branded services. Until now, the individual Acteon branded services tracked and managed their trading partners independently and mostly manually, […]