Coutts has been fined £8.75m today by the Financial Services Authority for failures in establishing and maintaining effective anti-money laundering systems and controls.
A South African infrastructure development company has used risk analysis software to ensure it attracts funding for projects to deliver basic community services that would otherwise be unbankable.
Institutional fund managers can gain a competitive advantage by shifting their thinking to align risk with the long-term mission of their fund, according to Towers Watson.
The Profession's eShop staged a book signing for author Paul Sweeting's warmly received new title Financial Enterprise Risk Management at the Actuarial Profession's Life Conference.
Companies which apply the most risk management practices can earn three times as much as those with the lowest application of the practices, or risk maturity, according to research published by Ernst & Young.
Many companies risk management practices are increasingly outmoded, leaving them exposed to a new risk landscape of catastrophic black swan events, according to a paper by PwC.
Towers Watson has released updated versions of its RiskAgility MoSes enterprise financial modelling software and RiskAgility Economic Capital (EC) Aggregator software, which the firm said will help insurers better manage risk and value
