Taking place on 4 –
On the basis of the fourth annual survey on banking risk management by Ernst & Young, although banks have made significant progress toward changing their risk governance frameworks and prioritised a risk-free culture, the industry continues to be challenged to embed risk appetite into business decisions.
"Fifty-nine percent of respondents cited the balance between a sales-driven front-office culture and a risk-focused culture as their top organizational challenge; 38% cited a lack of systems and data. Risk appetite continues to be an essential part of risk governance, but the industry continues to be challenged to embed risk appetite into business decisions."
Market fluctuations, interest-rate volatility, loan defaults, incorrect data in company reports, and fraud have not only led to serious financial losses but also tarnished reputations in the past few years. It is becoming increasingly important to monitor and manage all types of qualitative as well as financial risks. A holistic approach to risk management enables a company to have a high level of awareness of, as well as uniformly assess, professionally manage and suitably control all of its risks.
Risk Management in Financial Services 2014, will provide an opportunity to network, discuss and debate with the best in business the issues and trends for 2014 and the best practices followed by leaders to combat the same.
Having a diversified risk strategy, identifying new investment avenues and having a clear evaluation of long term and short term investments are the basic focus points to revolutionise strategies for portfolio optimization and diversification. In his presentation,
Analytical tools for Recovery and Resolution Planning (RRP) for Domestic Systemically Important Financial Institutions (D-SIFIs), will be covered in details by
Dr. BjÖrn Lenzmann, Head of Group Operational Risk –
This forum will highlight panel discussions, relevant case-studies, knowledge-sharing presentations from industry peers,
About Fleming Gulf:
Founded in 2005, Fleming Gulf is young, dynamic and has fast become one of the leading providers of business intelligence through industry specific conferences, webinars and skills enhancement training courses. Our goal is to link professionals and provide them with commercial acumen, business investment contacts and a world of opportunities.
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