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 …
Tag: Risk
How lenders manage risk in MSME lending when credit history is not available
Is 2024 a major turning point for risk?
Howden on how a slew of high-profile elections affect the landscape Is the current year a major turning point for risk? If trends such as important elections, economic uncertainty, and an uptick in violent conflicts are to be believed, then Read More …
5 ways in which life insurance companies can mitigate ESG risks
According to the World Economic Forum’s, Global Risk Report 2022, climate action failure ranked as the number one long-term threat to the world, a far cry from 2015 when it did not even feature among the top global risks. There Read More …
Top Trends in Governance, Risk, and Compliance for 2023
As the impact of the COVID-19 pandemic declines, businesses are getting ready for future growth with enhanced business goals. However, there is a potential for new challenges and risks in the coming years with changes to regulatory compliances businesses need Read More …
Top Governance, Risk & Compliance (GRC) Tools of 2022
Governance, risk management, and compliance (GRC) is a framework for managing these three practices across an organization. It’s increasingly important for businesses that want to better manage risk, ensure compliance, and coordinate security with a unified and integrated platform. This Read More …