How do you get a handle of the risks and contingent liabilities within your financial agreements? Thomson Reuters Financial Trade Documentation Services helps banks overcome the external pressure from regulators looking to make the markets more transparent, efficient and safer, and the internal pressures to be more cost-effective and leaner. Through a collaborative, consultative relationship and acting as an extension of the team, Thomson Reuters will help streamline processes, control costs and reduce regulatory compliance risks in your financial institution. Learn more at http://legalsolutions.com/financial-trade
Views: 8380 Thomson Reuters Legal
Join Bloor Analyst Fran Howarth | Meeting MAS Regulations - Risk Management For The Finance Sector In June 2012, the MAS created a new set of guidelines based on Internet Banking and Technology Risk Management (IBTRM). This addendum mandated certain requirements for Technology Risk Management (TRM) and contained a set of guidelines (TRM Guidelines) and errata notices (TRM Notices). The TRM Guidelines aJoin BeyondTrust and Bloor Research for a Webinar: Meeting New MAS Regulationsre statements of industry best practices that Financial Intuitions (FIs) are expected to adhere to. This guidance is not legally binding but is used by MAS in risk assessment audits. Join Fran Howarth (Senior Analyst at Bloor Reaserch Analysts), for a BeyondTrust webcast that will discuss: * How MAS impacts financial organisations worldwide and how the controls effect business continuity * Critical controls for MAS using BeyondTrust's unique IT Risk Management Platform that fuses Privileged Account and Vulnerability Management * How PowerBroker Privileged Account Management (PAM) and Retina Enterprise Vulnerability Management (EVM) Solutions can help mitigate risk * Consolidate security vendors for MAS Requirements under the BeyondInsight IT Risk Management Platform Register for upcoming BeyondTrust Industry Expert Webcasts: http://www.beyondtrust.com/Resources/LiveWebcast/
Views: 606 BeyondTrust Software
Improve forward-looking capital adequacy management and enterprise stress testing requirements such as the Comprehensive Capital Analysis and Review (CCAR). For more information, download our recent white paper "Comprehensive Stress Testing A Regulatory and Economic Perspective" - http://www.sas.com/en_us/whitepapers/comprehensive-stress-testing-106958.html
Views: 2509 SAS Software
John Liver, EY Financial Services, UK, discusses how technology is being used by financial institutions to improve risk management, and by regulators to support their policy and supervision efforts. Visit https://ey.com/regtech
Views: 734 EY Global
Is there a method to the madness of skiing all of Colorado's fifty-four 14,000ft peaks? Is there a real way to mitigate the inherent dangers of climbing and skiing Mt. Everest? As one of the world's foremost and celebrated ski-mountaineers, Chris Davenport understands risk better than most. In this powerful talk, Chris goes into detail about his strategy in the hills, what makes him tick, and how climbing peaks relates to overcoming challenges. In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
Views: 100768 TEDx Talks
In this video we have discussed Types of risks in banking sector and Risk Management in Banking sector which is very important for IBPS PO,IBPS Clerk,SBI Clerk,SBI PO,Syndicate Bank PO,Canara Bank PO and various other banking examinations. In this video we have categorically described risks in banking sector such as credit risk, market risk, operational risk etc. The major risks in banking business or ‘banking risks’, explained in this video with proper time stamp are : 1. Credit or Default Risk 03:50 2. Market Risk 11:50 3. Operational Risk 15:04 4. Liquidity Risk 18:37 5. Business Risk 20:23 6. Reputational Risk 21:51 7. Systemic Risk 23:41 8. Moral Hazard 24:51 9. Final discussion 27:02
Views: 53486 BANKING SUTRA
Visit http://icould.com/videos/rahul-o/ for more careers info. Rahul O is a Compliance and Risk Manager at Fidelity. He makes sure that fellow employees follow the rules of finance and he makes sure that risks to the company are understood. He has been able to travel and work in India, New York, Bermuda and London in the finance industry.Highlights at http://icould.com/videos/rahul-o/?length=short
Views: 15302 icould career stories
In this video you will learn about the basics of Basel accord, which introduces Basel I , Basel II & Basel III. Basel committee is a financial regulatory body that formulates norms for the banks. These norms or guidelines are mandatory for the banks to follow so that banks can solvent Learn Credit Risk Modelling(PD, LGD, EAD Modelling) : http://analyticuniversity.com/credit-risk-analytics-study-pack/ http://analyticuniversity.com/ For training, consulting or help Contact : [email protected] For Study Packs : http://analyticuniversity.com/
Views: 40902 Analytics University
Financial Markets (ECON 252) Statistics and mathematics underlie the theories of finance. Probability Theory and various distribution types are important to understanding finance. Risk management, for instance, depends on tools such as variance, standard deviation, correlation, and regression analysis. Financial analysis methods such as present values and valuing streams of payments are fundamental to understanding the time value of money and have been in practice for centuries. 00:00 - Chapter 1. The Etymology of Probability 10:01 - Chapter 2. The Beginning of Probability Theory 15:38 - Chapter 3. Measures of Central Tendency: Independence and Geometric Average 33:12 - Chapter 4. Measures of Dispersion and Statistical Applications 50:39 - Chapter 5. Present Value 01:03:46 - Chapter 6. The Expected Utility Theory and Conclusion Complete course materials are available at the Open Yale Courses website: http://open.yale.edu/courses This course was recorded in Spring 2008.
Views: 197984 YaleCourses
Part of LSE Department of Law's 'Law & Financial Markets Project' -- for more information, visit http://www.lse.ac.uk/collections/law/projects/lfm.htm The Law and Financial Markets Project is based in the LSE's Law Department. The project provides a framework for a research group of LSE faculty and associated participants from outside academia to explore the interactions of law, regulation, financial markets and financial institutions, principally within the EU and the UK.
Find out more http://www.pwc.co.uk/befearless Financial Services firms are operating in a world where regulation is more complex and where competition and other external threats are becoming ever more difficult to adapt to. New technologies are also disrupting existing value chains and transforming the sector, and the demands of clients, at breakneck speed. However, significant challenge also brings with it significant opportunity. You need a partner that can help you face the future without fear. http://www.pwc.co.uk/industries/financial-services/be-fearless.html
Views: 8209 PwCUK
Jan Frederic Eger, Head of Financial Services Government & Regulatory Affairs @ Thomson Reuters, discusses the challenges of regulatory risk management for Financial Institutions at the 2018 Thomson Reuters Risk & Compliance Summit.
Views: 155 Thomson Reuters
Title: Risk, Risk Management and Regulation in the Banking Industry The Risk to Come (Routledge Internat... Last Update: Monday, August 31, 2015 Grab your copy here: http://dturn.me/
Views: 34 Richard Conklin
Unit 10 - Risk Regulations in Banking Industry - Basel III (Part I)
Views: 1102 Indian Institute of Banking & Finance
This is an introductory session on the course 'Introduction to Financial Analytics' . In this class you will learn about what is financial risk and what are the different types of financial risks that banks face For Study Packs visit - http://analyticuniversity.com/
Views: 20812 Analytics University
Webinar featuring Dr. Robert Munro discussing Financial Compliance and Risk Management. Thomas Jefferson School of Law's online Master's with a concentration in Financial Compliance and Risk Management: tjslgraduateprograms.com
An introduction to Liquidity Risk Management in Banks, using components of the corresponding module found under Optimal MRM's e-Learning service. The full presentation includes measurement exercises in Excel and guides subscribers as they practice the concepts and techniques presented in a hands-on manner. We invite you to attend a complimentary e-Learning demo module (https://www.optimalmrm.com/services/elearning-catalog/17-banks/22-basel/) to experience how Optimal MRM delivers a practical understanding of risk in a rich and interactive manner.
Views: 24497 Optimal MRM
Speaker(s): Dr Jon Danielsson, Professor Charles Goodhart, Matt King Chair: Professor Christopher Polk Recorded on 11 March 2013 in Old Theatre, Old Building. The first public event of the ESRC Systemic Risk Centre at LSE will debate whether the post crisis reforms of financial regulations will be effective in protecting us from financial excesses, or may perversely destabilise the financial system. The panel of experts will debate the topic and take questions from the audience. Jon Danielsson is the director of the Systemic Risk Centre at LSE. His research interests include financial stability, systemic risk, extreme market movements, market liquidity and financial crisis. He has published his research extensively in both academic journals and the mainstream media, and has presented his work at a number of universities and institutions. Charles Goodhart is emeritus professor of Banking and Finance with the Financial Markets Group at LSE, having previously, 1987-2005, been its deputy director. Until his retirement in 2002, he had been the Norman Sosnow Professor of Banking and Finance at LSE since 1985. Before then, he had worked at the Bank of England for seventeen years as a monetary adviser, becoming a chief adviser in 1980. In 1997 he was appointed one of the outside independent members of the Bank of England's new Monetary Policy Committee until May 2000. Earlier he had taught at Cambridge and LSE. Besides numerous articles, he has written a couple of books on monetary history; a graduate monetary textbook, Money, Information and Uncertainty (2nd Ed. 1989); two collections of papers on monetary policy, Monetary Theory and Practice (1984) and The Central Bank and The Financial System (1995); and a number of books and articles on Financial Stability, on which subject he was adviser to the Governor of the Bank of England, 2002-2004, and numerous other studies relating to financial markets and to monetary policy and history. His latest books include The Basel Committee on Banking Supervision: A History of the Early Years, 1974-1997, (2011), and The Regulatory Response to the Financial Crisis, (2009). Matt King is managing director and global head of Credit Products Strategy at Citi. His team is responsible for forming views and advising clients on the full spectrum of credit, across high grade, high yield, leveraged loan, structured, emerging and municipal bond markets. While the majority of clients are investors, he also deals frequently with issuers and regulators on everything from market direction to valuation to risk management. Matt King is a frequent speaker at industry conferences and has published extensively on credit markets over the past two decades. Some of his most widely referenced pieces include Are the brokers broken? (published two weeks before Lehman's bankruptcy), Buy the bubbles, sell the bath, and How much debt is too much debt? Prior to joining Citi in 2003, Mr King was head of European Credit Strategy at JPMorgan. He is British, and a graduate of Emmanuel College, Cambridge, where he read Social & Political Sciences.
Views: 4252 iNiTiATivE
At Risk Americas 2017, the Center for Financial Professionals interviewed CRO's from Genworth Financial, Sterling National Bank, Bank of America Merrill Lynch and Fannie Mae on the impact regulation has had on risk management.
Views: 117 Center for Financial Professionals
Establishing data governance roles and responsibilities for continuous improvement of data quality to comply with ever-changing financial regulations. For more information, download our recent point-of-view paper "BCBS 239: Meeting Regulatory Obligations While Optimizing Cost Reductions" http://www.sas.com/en_us/whitepapers/bcbs-239-meeting-regulatory-obligations-107030.html
Views: 3600 SAS Software
Giuliano's riveting talk on financial catastrophes tackles the issue of managing risk in financial institutions Giuliano Castellano is an Assistant Professor of Law at Warwick Law School whose primary teaching and research interests lie in financial regulation, catastrophic risk financing and management, comparative law and finance, and law reforms. Giuliano holds a Law Degree from Bocconi University (Milan), a PhD in Law (University of Turin), and a PhD in Economics and Social Sciences (Ecole Polytechnique, Paris-Saclay). He is a Research Associate at the Ecole Polytechnique (i3-CRG, CNRS, Paris-Saclay). Since 2011, he has served as a Legal Expert for the Italian delegation at the United Nations Commission on International Trade Law (UNCITRAL) This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx
Views: 8890 TEDx Talks
Healthy banks and healthy economies go hand in hand. The latest in the Atlanta Fed’s animated video series explains how the Federal Reserve ensures banks are doing business safely and providing fair and equitable services to their communities.
Views: 27001 AtlantaFed
Unit 10 - Risk Regulations in Banking Industry - Basel III (Part II)
Views: 1260 Indian Institute of Banking & Finance
What is systemic risk? Contributors: Jean-Pierre Zigrand, Jon Danielsson
Compliance.ai provides focused regulatory insight. Saving time, reducing cost & risk, while giving compliance officers much needed peace of mind.
Views: 269 Compliance Ai
Shadow Financial Regulatory Committee http://www.aei.org/events/2011/12/05/shadow-financial-regulatory-committee/ Third-party photos, graphics, and video clips in this video may have been cropped or reframed. Music in this video may have been recut from its original arrangement and timing. In the event this video uses Creative Commons assets: If not noted in the description, titles for Creative Commons assets used in this video can be found at the link provided after each asset. The use of third-party photos, graphics, video clips, and/or music in this video does not constitute an endorsement from the artists and producers licensing those materials. AEI operates independently of any political party and does not take institutional positions on any issues. AEI scholars, fellows, and their guests frequently take positions on policy and other issues. When they do, they speak for themselves and not for AEI or its trustees or other scholars or employees. More information on AEI research integrity can be found here: http://www.aei.org/about/ #news #politics #government #education
Views: 56 American Enterprise Institute
The Reserve Bank has prepared a short video explaining the importance of regulation. This video, featuring the Bank's Head of Prudential Supervision, Toby Fiennes, explains how regulation helps to promote a sound and efficient financial system, and why everyone has a role to play.
Views: 2257 reservebankofnz
Take this course for free on edx.org: https://www.edx.org/course/banking-financial-intermediation-concepts-risks-capital-regulation Learn about banking and financial intermediation as well as credit, operational, off-balance sheet, liquidity & solvency risks and Basel guidelines. This course, part of the Professional Certificate Program ‘Risk Management in Banking and Financial Markets’, will help you understand the theories and the macroeconomic context governing banking and financial intermediation as well as measures to manage credit risk, off-balance sheet risk, operational risk, liquidity risk and solvency risk, including Basel guidelines on capital adequacy. Banks and other financial intermediaries make up a large part of the ‘ecosystem’ that channelizes money from those who have it (i.e. savers/investors) to those who need it (i.e. borrowers). Central Banks in most countries also use that ecosystem to effectively manage money supply (liquidity) and to safeguard the stability of the financial system. This course will look at the products and services offered by banks and financial intermediaries and the significant complexities and risks they encounter in conducting their business in a globally interconnected world. It will address in detail the embedded risks in banking and financial intermediation such as credit risk, off-balance sheet risk, operational risk, liquidity risk, solvency risk, etc., and how these risks are identified, measured and managed, using several risk mitigation techniques and regulatory mechanisms. This course is part of IIMBx's Professional Certificate program ‘Risk Management in Banking and Financial Markets’.
Views: 906 edX
Learn more about new technologies in ALM/LR at https://www.ibm.com/ca-en/marketplace/algo-alm-and-liquidity-risk-on-big-data In this Risk.net video Luis Matias - ALM and Liquidity Risk Lead, IBM Watson Financial Services provides insights into new regulatory pressures, big data and the need for flexible technological solutions in the area of ALM/LR.
Views: 977 IBM FinTech
Learn more at PwC.com - http://pwc.to/1ssYEcs PwC's Advanced Risk & Compliance Analytics practice is helping organizations transform audit, risk, and compliance through data analytics.
Views: 7839 PwC US
Financial Markets (2011) (ECON 252) Banks are among our enduring of financial institutions. Their survival in so many different historical periods is testimony to their importance. Professor Shiller traces the origins of interest rates from Sumeria in 2000 BC, to ancient Greece and Rome, up to the Song Dynasty in China between the 10th and the 12th century. Subsequently, he looks at banking in Italy during the Renaissance and at the goldsmith bankers in 16th and 17th century England. Banks have survived so long because they solve adverse selection and moral hazard problems. Additionally, he covers Douglas Diamond's and Philip Dybvig's model, which does not only analyze the banks' role for liquidity provision, but also reveals the possibility of bank runs. This leads Professor Shiller to deposit insurance as a means to prevent bank runs. He discusses the Federal Deposit Insurance Corporation as well as the Federal Savings and Loans Insurance Corporation, together with the role that the latter played during the savings and loan crisis of the 1980s. The necessity to regulate banks in the presence of deposit insurance results in a discussion of the role of the Basel commission and an explicit calculation to illustrate the core principles of Basel III. At the end, Professor Shiller provides an overview of financial crises since the beginning of the 1990s, with the Mexican crisis of 1994-1995, and the Asian crisis of 1997. 00:00 - Chapter 1. Introduction 02:52 - Chapter 2. Basic Principles of Banking 10:46 - Chapter 3. The Beginnings of Banking: Types of Banks 24:00 - Chapter 4. Theory of Banks: Liquidity, Adverse Selection, Moral Hazard 33:03 - Chapter 5. Bank Runs, Deposit Insurance and Maintaining Confidence 41:07 - Chapter 6. Bank Regulation: Risk-Weighted Assets and Basel Agreements 53:27 - Chapter 7. Common Equity Requirements and Its Critics 01:02:49 - Chapter 8. Recent International Bank Crises Complete course materials are available at the Yale Online website: online.yale.edu This course was recorded in Spring 2011.
Views: 78724 YaleCourses
In June 2006, prompted by a letter from Gary J. Aguirre, the Senate Judiciary Committee began an investigation into the links between hedge funds and independent analysts. Aguirre was fired from his job with the SEC when, as lead investigator of insider trading allegations against Pequot Capital Management, he tried to interview John Mack, then being considered for chief executive officer at Morgan Stanley. The Judiciary Committee and the US Senate Finance Committee issued a scathing report in 2007, which found that Aguirre had been illegally fired in reprisal for his pursuit of Mack and in 2009, the SEC was forced to re-open its case against Pequot. Pequot settled with the SEC for US$28 million and Arthur J. Samberg, chief investment officer of Pequot, was barred from working as an investment advisor. Pequot closed its doors under the pressure of investigations. The systemic practice of hedge funds submitting periodic electronic questionnaires to stock analysts as a part of market research was reported in by The New York Times in July 2012. According to the report, one motivation for the questionnaires was to obtain subjective information not available to the public and possible early notice of trading recommendations that could produce short term market movements. According to modern portfolio theory, rational investors will seek to hold portfolios that are mean/variance efficient (that is, portfolios offer the highest level of return per unit of risk, and the lowest level of risk per unit of return). One of the attractive features of hedge funds (in particular market neutral and similar funds) is that they sometimes have a modest correlation with traditional assets such as equities. This means that hedge funds have a potentially quite valuable role in investment portfolios as diversifiers, reducing overall portfolio risk. However, there are three reasons why one might not wish to allocate a high proportion of assets into hedge funds. These reasons are: Hedge funds are highly individual and it is hard to estimate the likely returns or risks; Hedge funds' low correlation with other assets tends to dissipate during stressful market events, making them much less useful for diversification than they may appear; and Hedge fund returns are reduced considerably by the high fee structures that are typically charged. Several studies have suggested that hedge funds are sufficiently diversifying to merit inclusion in investor portfolios, but this is disputed for example by Mark Kritzman who performed a mean-variance optimization calculation on an opportunity set that consisted of a stock index fund, a bond index fund, and ten hypothetical hedge funds. The optimizer found that a mean-variance efficient portfolio did not contain any allocation to hedge funds, largely because of the impact of performance fees. To demonstrate this, Kritzman repeated the optimization using an assumption that the hedge funds incurred no performance fees. The result from this second optimization was an allocation of 74% to hedge funds. The other factor reducing the attractiveness of hedge funds in a diversified portfolio is that they tend to under-perform during equity bear markets, just when an investor needs part of their portfolio to add value. For example, in January--September 2008, the Credit Suisse/Tremont Hedge Fund Index was down 9.87%. According to the same index series, even "dedicated short bias" funds had a return of −6.08% during September 2008. In other words, even though low average correlations may appear to make hedge funds attractive this may not work in turbulent period, for example around the collapse of Lehman Brothers in September 2008. http://en.wikipedia.org/wiki/Hedge_funds
Views: 24446 The Film Archives
Entrevista con Marcelo Cruz en Risk Management & Trading Conference 2012
Views: 22 RiskMathics Financial Institute
Luxoft Expert Minds presents an exclusive interview between Marc Maynard (Head of Commodities and Partner, Excelian Luxoft Financial Services) and Oliver Bishop (Manager, Elixirr, global consultancy firm). In episode 1, our experts discuss how the agenda for regulation has changed over time and how financial services organisations are reacting to these changes.
Views: 289 Luxoft Corporate
The current U.S. administration has undertaken a substantial review of existing financial regulatory structures as part of an effort to increase economic growth and decrease regulatory burden. Both chambers of Congress moved legislation forward designed to overhaul, and in some cases eliminate, portions of the Dodd-Frank legislation passed after the 2008 financial crisis. Ten years after the crisis, what is the state of financial regulations? What is the philosophy that is shaping this new approach? How can regulations continue to safely facilitate the availability of credit to spur growth and create jobs? Moderator Ben White Chief Economic Correspondent, POLITICO Speakers J. Christopher Giancarlo Chairman, U.S. Commodity Futures Trading Commission Jeb Hensarling U.S. Representative, Texas; Chairman, Committee on Financial Services, U.S. House of Representatives Joo-Yung Lee Managing Director, Head of North American Financial Institutions, Fitch Ratings Craig Phillips Counselor to the Secretary, U.S. Department of the Treasury Michael Piwowar Commissioner, U.S. Securities and Exchange Commission #MIGlobal http://www.milkeninstitute.org/events/conferences/global-conference/2018/
Views: 652 Milken Institute
Financial Markets (2011) (ECON 252) In the beginning of the lecture, Professor Shiller talks about risk pooling as the fundamental concept of insurance, followed by references to moral hazard and selection bias as prominent problems of the insurance industry. In order to provide an explicit example from the insurance industry, he elaborates on the story behind American International Group (AIG), from its creation by Cornelius Vander Starr in Shanghai in 1919, to Maurice "Hank" Greenberg's time as CEO, until its bailout by the U.S. government in 2008. Subsequently, he turns toward the regulation of the insurance industry, covering state insurance guarantee funds, the role of the McCarran-Ferguson Act from 1945, as well as the impact of the Dodd-Frank bill on the insurance industry. He devotes special attention to two branches of the insurance industry--life insurance and health insurance--and emphasizes, among other aspects, the consequences of the health care overhaul in the U.S. from 2010. He discusses the example of earthquakes, with insurance in Haiti and catastrophe bonds in Mexico. At the end of the lecture, he critically reflects on the role of the insurance industry in the face of catastrophes. 00:00 - Chapter 1. Introduction 03:53 - Chapter 2. Concepts and Principles of Insurance 19:14 - Chapter 3. The Story behind AIG 35:51 - Chapter 4. Regulation of the Insurance Industry 50:04 - Chapter 5. Specific Branches of the Insurance Industry - Life and Health Insurances 01:03:18 - Chapter 6. Insurance in the Face of Catastrophes Complete course materials are available at the Yale Online website: online.yale.edu This course was recorded in Spring 2011.
Views: 78372 YaleCourses
http://www.numerix.com/numerix-blog | In this video SVP of Financial Engineering, Dan Li recaps Quant Congress USA. He addresses the latest trends, innovations and research coming out of the quantitative finance community.
Views: 1245 numerixanalytics
At TriFinance, we consider ever stricter regulation as an opportunity. In a constantly changing financial sector, it is imperative that Risk Management and Internal Control functions are organised efficiently and effectively. TriFinance's Risk Management & Compliance Practice assists the industry in this major transformation, especially in the modernization of its processes.
Views: 269 TriFinance