Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Some of the traditional methods used for credit assessment of businesses such as using credit history to predict behaviour or analysing cash flows and profitability using bank statements and financial statements are not very helpful. Credit risk is the foremost Read More …
In the era of Gen AI, risk management practices in the financial services industry need to be ready for significant evolution. According to Custodia Technology, the integration of AI technologies necessitates an audit of existing compliance frameworks to exploit their full Read More …
Synopsis The Reserve Bank of India (RBI) updated its “guidance note” on operational risk management for the financial sector, extending it to include NBFCs and housing finance companies. The note highlights that operational disruptions can threaten the viability of regulated Read More …
With ESG increasingly at the forefront of strategic ambitions and regulatory compliance, risk managers in the in the insurance sector are being challenged to more deeply integrate climate-related risks into their risk models. Nihat Mammadli from RiskSphere outlines why and Read More …
Integration with Digital Transformation As enterprises continue to evolve digitally, risk management is increasingly being integrated with digital transformation efforts. The adoption of technology-driven governance, risk, and compliance (GRC) solutions is becoming central to ERM strategies. This helps organizations to Read More …
Amazon Web Services (AWS) and AXA have collaborated to build a digital commercial platform (DCP) and associated software services. AXA DCP is a secure risk management platform that combines industry, business and environmental data with geospatial analytics and generative AI Read More …
The B2B landscape is built atop trusted relationships, both formal and informal. These relationships can include partnerships and collaborations with third-party vendors, suppliers, contractors, service providers and more; and while these relationships can offer numerous benefits such as cost savings, Read More …
Lloyds Banking Group is preparing to axe roles in its risk management division after finding that it was a “blocker” to the company’s transformation strategy. The group’s chief risk officer Stephen Shelley said in a memo last month that it was Read More …
Integrating sustainability into company core operations and strategy remains a challenge, and one way to overcome this is to infuse these issues into enterprise risk management workflows Convergence of sustainability frameworks and standards is driving global consistency in environmental, social Read More …
Health & safety has emerged as the top risk for directors and officers according to the 2024 Global Directors’ and Officers’ Survey Report from WTW and Clyde & Co. And according to the survey a notable portion of respondents are exploring or Read More …
