Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
In today’s fast-evolving digital landscape, financial institutions are being urged to break down internal silos and integrate customer experience, risk management, and fraud detection into a unified strategy. According to industry experts, this convergence is critical for delivering seamless, secure, Read More …
Why Internal Controls Are Your First Line of Defense Risk is everywhere—financial fraud, data breaches, non-compliance, and operational lapses. Without internal controls, companies are flying blind. These systems form the backbone of corporate resilience, helping detect and deter potential issues Read More …
Portfolio rebalancing is a key investment strategy that helps investors maintain their desired asset allocation, manage risk, and stay on track toward financial goals. By buying or selling assets to return to the original target allocation, rebalancing ensures that a Read More …
Executive Summary This case study explores a significant financial fraud incident in a mid-sized financial institution, where an internal employee embezzled $2 million over two years by exploiting weak internal controls. The fraudulent activities involved unauthorized fund transfers and manipulation Read More …
Data in all its facets has dramatically impacted financial organizations in the last two years, both positively and negatively. Whilst rich pools of data have allowed for exciting businesses opportunities, it has simultaneously tasked business with extracting valuable insights with Read More …
In India, technology has transformed financial services and has given rise to a whole new industry, popularly addressed as fintech. This industry has witnessed phenomenal growth in India and across the globe in the past few years. According to Inc42data, between Read More …