OCEG is a global, nonprofit think tank that invented GRC, an acronym that denotes the integration of governance, risk and compliance. Scroll down for the latest risk management news and information. IS AN INVESTMENT IN ERM SOFTWARE WORTH IT? This is a patient safety-focused blog hosted by the National Patient Safety Foundation. Take a look at the wide variety of events and training on offer. The ISO 31000-2018 standard, Risk Management–Guidelines, lists the following eight principles for any solid risk management program (see 31000-2018, Section 4, Principles): Integration; Structured and comprehensive; Customized; Inclusive; Dynamic; Uses best available information; Considers human and culture factors; Practices continual improvement Yet the range of views then – when markets were still in freefall, and central banks and governments had yet to firm up pledges of trillions of dollars in ultra-cheap credit and other support measures – was far narrower than it is now. ISO 31000:2018 provides guidelines on managing risk faced by organizations. The risk field has two main tasks, (I) to use risk assessments and risk management to study and treat the risk of specific activities (for example the operation of an offshore installation or an investment), and (II) to perform generic risk research and development, related to concepts, theories, frameworks, approaches, principles, methods and models to understand, assess, characterise, communicate and (in a wide sense) manage/govern risk … Risk … NC State’s ERM Initiative, in partnership with the American Institute of CPAs, has just released its 2018 The State of Risk Oversight: An Overview of Enterprise Risk Management Practices. The following is a list of the most cited articles based on citations published in the last three years, according to CrossRef. “An organization must carefully consider appropriate risk … These cookies will be stored in your browser only with your consent. https://blogs.cdc.gov/niosh-science-blog/ Joseph Silverberg, head of capital management and stress-testing at Deutsche Bank, The Fed and others are asking why we haven’t gone live either. Such events account for some of the sector’s largest exposures. Can CCPs zone in on improved margin buffers? Corporates, financial players, technology and data firms, consultancies, brokers and exchanges are all welcome to submit â¦. http://www.fico.com/en/blogs/category/risk-compliance/ GO TO THE ENTERPRISE RISK ROI CALCULATOR NOW. Whether you prefer short and pithy posts on hot topics or more a in-depth look at a complicated concept, they offer an excellent way to gain insight from industry experts. Row brews over futures post-trade workflows, Op risk managers could be Covid long-haulers, Top US banks’ market risk charges surged in 2020, Buy-side physical FX clearing at LCH faces scepticism. The survey was conducted from March 2018 to July 2018 and was completed by 94 financial institutions around the Munich, Bayern, Germany About Blog riskmethods provides companies with a comprehensive supply chain risk management solution for proactive monitoring and assessment of risks in the supplychain. With the rise in cyberattacks at the forefront of the news on a near daily basis, it's becoming increasingly clear that the role of risk management and security must be elevated throughout the financial services and banking markets. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website.