Risk Management & Internal Audits: Role of Technology in Banks and Financial Services Companies

IT is a vital element of risk management capabilities, but industry surveys show that financial institutions continue to struggle with many fundamental technology challenges. In a recent Deloitte Global Risk Management survey, when asked to rate the significance of a range of potential challenges to implement ERM, issues around supporting tools and technology were rated most often as very significant.

Technology solutions that incorporate requirements such as risk cataloging, controls testing, risk and controls self assessments, key risk indicators, loss events recording, risk modeling and risk dashboards play a critical role in empowering the risk management process.

Join us for this webinar on Risk Management & Internal Audits: Role of Technology in Banks and Financial Services Companies where we will discuss:

• Centralized risk frameworks that enables risk computations based on configurable methodologies and algorithms
• Risk heat maps and dashboards for enterprise wide visibility into the risk management process
• Streamlining the internal audit cycle, including development of findings, recommendations, action plans and closure cycles
• Integrated framework for managing compliance requirements for Basel II, Anti Money Laundering, Patriot Act, NASD, SEC, SOX regulations