Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 201 - 210 of 228 results for "operational risk"

Mammoth super data creates operational risk

COMPANY RELEASE  |  MONDAY, 17 AUG 2009
Super funds may need to reassess their technology budgets after research found swelling data volumes is putting storage systems under too much pressure. Symantec research found Australian companies are struggling to keep up with rising data volumes ...

APRA calls for IT risk submissions

MICHAEL HOBBS  |  WEDNESDAY, 13 MAY 2009
... view, IT security risk represents the intersection of IT risk and security risk which, in turn, are subsets of operational risk," the discussion paper said. Once APRA receives submissions the regulator expects to issue a final version of the PPG later ...

Instos search for cash alternatives

MICHAEL HOBBS  |  MONDAY, 11 MAY 2009
... great idea until they started to get their statements and had to do the work around it and realised the potential operational risk." He said the firm's Cash Reserve fund hasn't received huge amounts of flows but the firm is working hard to develop relationships ...

Smaller funds lack risk reserves

MICHAEL HOBBS  |  TUESDAY, 28 APR 2009
A Mercer survey has revealed smaller super funds are less likely to have appropriate levels of operational risk reserves than larger funds, a survey found. An operational risk reserve is created by the super fund to provide immediate access to funds ...

UK pensions turn to alternatives

COMPANY RELEASE  |  THURSDAY, 23 APR 2009
UK pension funds are increasingly diversifying into hedge funds, global tactical asset allocation (GTAA) and active currency strategies, according to a Mercer survey. The firm's European Asset Allocation Survey found UK pension fund allocations to equity ...

Local S&P veteran heads to global stage

COMPANY RELEASE  |  WEDNESDAY, 8 APR 2009
... management skills, following a career at Credit Suisse and more recently as head of her own change management and operational risk consultancy for financial services firms. They have joined with a remit to integrate the currently separate European and ...

Standard Chartered signs on SmartStream

RUTH LIEW  |  WEDNESDAY, 10 DEC 2008
... reconciliations platform using TLM Reconciliations. This will enable the bank to increase efficiency, help reduce operational risk in its back office operations and further improve its customer service levels, said SmartStream. "We selected SmartStream ...

Banks to benefit from new FI interface

MICHELLE BALTAZAR  |  THURSDAY, 30 OCT 2008
Two leading technology providers, Yieldbroker and Omgeo, have joined forces to offer a fixed income processing platform designed to eliminate manual errors and reduce post-trade operational risks. Electronic trading platform Yieldbroker, which counts ...

S&P reinstates ratings for 18 funds

RUTH LIEW  |  THURSDAY, 2 OCT 2008
... the underlying or fund-of-fund level, is at the forefront in our maintenance of the ratings. "The business and operational risk of smaller hedge fund managers and strategies is a concern, and S&P continues to receive timely information in this regard." ...

Omgeo expands derivatives tech

MICHELLE BALTAZAR  |  WEDNESDAY, 24 SEP 2008
... while trading strategies have moved in lockstep with the demand for derivatives, the infrastructure to manage operational risk in the back office has not kept pace. "There is an urgent need for a standard, automated process for investment managers to ...