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Risk management tech skepticism on Wall Street

Risk management is a hot-button issue right now, the type that requires canned responses--duly vetted by the PR and IR folks--from all top executives. While many executives speak eloquently about the... Read more...

Risk management imperative spreading beyond financial services

The idea of better risk management has been discussed ad nauseum in the financial services industry. But other industries are taking up the issue as well. According to CFO.com, interest in hiring a... Read more...

A new consulting force in compliance

Louis Freeh certainly picked a good time to hang out his shingle. The former director of the FBI, who subsequently spent five years with MBNA, now runs his own consulting firm in Delaware, reports... Read more...

Tough times ahead for GRC vendors?

One view out there is that GRC vendors are in for some rough times, as the recession really guts IT budgets and companies get more efficient with their Sarbanes-Oxley processes. On the other hand,... Read more...

The meaning of the Paisley-Thomson Reuters deal

Paisley was one of the few software companies to truly rocket to prominence thanks to Sarbanes-Oxley. It has more recently focused on its risk management offerings, and those are likely what... Read more...

Don't cut back on compliance now!

We've noted that the most recession-proof IT applications tend to be linked to risk management and compliance. The Securities and Exchange Commission certainly thinks this is the case. Officials have... Read more...

Will boards voluntarily upgrade themselves?

Sarbanes-Oxley transformed the work of corporate boards, imposing on them, in theory anyway, a whole new level of accountability. To some, this makes the financial meltdown that has engulfed so many... Read more...

Many worried about deposit risk

We're stuck in an era when people--from executives, to nonprofit chiefs, down to retail investors--have to wonder about the safety of even money market mutual funds, not to mention the health of... Read more...

PCAOB proposes seven new risk standards

In the wake of the financial crisis, the government seems to be getting serious about risk control. We've long suggested that regulatory reform always follows major crises. The move by the PCAOB to... Read more...

Free guide to fraud risk management

A new guide to fraud risk management has been issued by the Association of Certified Fraud Examiners, the American Institute of Certified Public Accountants, and the Institute of Internal Auditors.... Read more...