Tag : risk management

Why is risk management important
Featured Fintech Primers Risk Management

What Is Risk Management?

Pooja Choudhary
Why Is Risk Management Important? Risk management is the process whereby one identifies, assesses, and controls the financial, legal, strategic, and security-related risks concerned with capital and earnings. These risks may arise from varied sources, including financial uncertainty, legal liabilities, strategic management errors, accidents, and natural disasters. In a worst-case......
Kyriba’s Currency Impact Report: Record $47 Billion in FX Headwinds for Multinationals
Currency Exchange News Risk Management

Kyriba’s Currency Impact Report: Record $47 Billion in FX Headwinds for Multinationals

Fintech News Desk
January 2023 Report Shows FX as a Material Drag on Financial Results at North American and European Corporations with Total Impacts Reaching $64.22 Billion Kyriba’s Currency Impact Report (CIR), a comprehensive quarterly report which details the impacts of foreign exchange (FX) exposures among 1,200 multinational companies based in North America......
Banking Markets News

ZA Bank Limited Announced Ronald Iu As CEO

Fintech Staff Writer
Ronald will step down as Chief Risk Officer with immediate effect. ZA Bank will announce the appointment of a new CRO in due course. ZA Bank Limited has announced the appointment of Ronald Iu as Chief Executive Officer and Executive Director. Ronald joined ZA International, the parent company of ZA......
Finastra Launches ALM IQ, Empowering Community Banks to Better Manage Risk and Compliance
Banking News Risk Management

Finastra Launches ALM IQ, Empowering Community Banks to Better Manage Risk and Compliance

Fintech News Desk
The innovative asset liability management program, driven by the cloud, enables small and medium-sized banks to optimize their positions under multiple regulatory constraints Finastra unveiled Finastra ALM IQ, a risk management solution available for banks from March 2023. The unique cloud-based balance sheet management tool enables small and medium-sized banks to make confident......
Ncontracts Announces Launch of Risk Performance Management
News Risk Management

Ncontracts Announces Launch of Risk Performance Management

Fintech News Desk
Latest suite combines RegTech leader’s most powerful risk and compliance management solutions Ncontracts, the leading provider of integrated compliance and risk management solutions to the financial industry, is helping to define a new category and view of risk management with the release of its Risk Performance Management (RPM) Suite. “Financial institutions......
OptionsDesk Signs Long-Term Partnership With ION
News Risk Management

OptionsDesk Signs Long-Term Partnership With ION

Fintech News Desk
ION, a global leader in trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management, has been selected by OptionsDesk to integrate ION’s XTP Front-to-Back Suite, expanding its derivatives capabilities. ION, a global leader in trading, analytics, treasury, and risk management solutions for capital markets, commodities,......
Sandbar Raises $4.8 Million to Combat Financial Crime with Institutional-Grade Transaction Monitoring Software
News Risk Management

Sandbar Raises $4.8 Million to Combat Financial Crime with Institutional-Grade Transaction Monitoring Software

Fintech News Desk
Backed by leaders at Ramp, Stripe, Plaid, Square, OpenAI, and more, the company’s SaaS product identifies suspicious financial behaviors and automates workflows, while mitigating alert fatigue and significantly reducing engineering expenses Sandbar, a provider of anti-money laundering, fraud and counter-terrorism risk detection software, announced the availability of its product and......
90% of Finance Leaders Reveal Interest Rates Are No. 1 Driver of Banking Business Model Changes
Analytics Business Finance News

90 Percent of Finance Leaders Reveal Interest Rates Are No. 1 Driver of Banking Business Model Changes

Fintech News Desk
Syntellis Performance Solutions, the leading provider of enterprise performance management software, data, and intelligence solutions,  published its seventh annual CFO Outlook for Financial Institutions revealing that 90% of finance professionals at banks, credit unions, and other financial services institutions anticipate interest rate changes will be the biggest driver of business model adjustments......
Aran Buchan Joins Alliant Insurance Services in Seattle
News Risk Management

Aran Buchan Joins Alliant Insurance Services in Seattle

Fintech News Desk
Buchan to provide full range of insurance and risk management solutions to Northwest client base Alliant Insurance Services has hired Aran Buchan as Vice President. Based in Seattle, Buchan will design, implement, and manage insurance and risk management solutions that add value, financial strength, and productivity to a diverse client base......
Desjardins Selects Fiserv to Enhance Credit Card Program
Digital Payments News

Desjardins, Canada’s Largest Financial Cooperative, Selects Fiserv to Enhance Credit Card Program

Fintech News Desk
Unified credit processing platform with robust APIs will create efficiencies and increase speed-to-market of new solutions Desjardins Group, the largest financial cooperative in North America, will transition its credit card processing to Fiserv, Inc., a leading global provider of payments and financial services technology solutions. By streamlining management of consumer card,......
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