Operational risk

Golden Gate University and MetricStream Bring Together Machine Learning and Edge Computing to Assess and Mitigate Risk in Enterprise Business Processes

Retrieved on: 
Thursday, September 16, 2021

The teams set out to use emerging model-based AI augmented with Machine Learning, Elastic Edge Computing, Agile methodologies maturing to DevOps, and Zero-touch Self-Managing service orchestration.

Key Points: 
  • The teams set out to use emerging model-based AI augmented with Machine Learning, Elastic Edge Computing, Agile methodologies maturing to DevOps, and Zero-touch Self-Managing service orchestration.
  • The teams have successfully implemented the first application to assess and mitigate risk in enterprise contract management process, resulting in MetricStream adopting it as a part of their product suite.
  • The DeepEdge project uses model-based AI, machine learning and automation of extracting the knowledge of the obligations for every contract.
  • Judith Lee, Business Innovation & Technology department chair, said the project "allowed graduate students and GGU faculty to work jointly with MetricStream to push the boundaries of machine learning and edge computing technologies."

Supply Wisdom® Named Third-Party Risk Product of the Year

Retrieved on: 
Monday, August 2, 2021

Supply Wisdom the leader in continuous risk intelligence and risk actions -- announced today its recognition as the Third-Party Risk Product of the Year by the Risk.net 2021 Risk Technology Awards.

Key Points: 
  • Supply Wisdom the leader in continuous risk intelligence and risk actions -- announced today its recognition as the Third-Party Risk Product of the Year by the Risk.net 2021 Risk Technology Awards.
  • We are incredibly proud to be recognized as the Third-Party Risk Product of the Year, said Atul Vashistha, CEO of Supply Wisdom.
  • Supply Wisdom solutions deliver continuous risk intelligence across the widest risk aperture enabling enterprises to understand the health and risks of their supply chain in near real-time, thereby minimizing the risks of disruption facing their business, supply chains and third parties.
  • These awards include 21 categories, focusing on enterprise risk, operational risk and credit risk.

Illumina to Webcast Upcoming Investor Conference

Retrieved on: 
Wednesday, July 28, 2021

Illumina, Inc. (NASDAQ: ILMN) today announced that its executives will be speaking at the following investor conference:

Key Points: 
  • Illumina, Inc. (NASDAQ: ILMN) today announced that its executives will be speaking at the following investor conference:
    UBS Genomics 2.0 and MedTech Innovations Summit on August 11, 2021
    The live webcast can be accessed under the Investor Info section of the "company" tab at www.illumina.com .
  • A replay will be posted on Illuminas website after the event and will be available for at least 30 days following.
  • Illumina is improving human health by unlocking the power of the genome.
  • Our products are used for applications in the life sciences, oncology, reproductive health, agriculture and other emerging segments.

Iapetus Holdings Appoints Utility Veteran Chris Coker as Head of Health, Safety and Operational Risk

Retrieved on: 
Monday, July 26, 2021

HOUSTON, July 26, 2021 /PRNewswire/ -- Iapetus Holdings, LLC , a Houston-based privately held portfolio of energy and utility services companies and alternative investments, announced today it has brought on utility industry veteran Chris Coker to lead Health, Safety and Operational Risk.

Key Points: 
  • HOUSTON, July 26, 2021 /PRNewswire/ -- Iapetus Holdings, LLC , a Houston-based privately held portfolio of energy and utility services companies and alternative investments, announced today it has brought on utility industry veteran Chris Coker to lead Health, Safety and Operational Risk.
  • During his 15 years at Southern California Edison ( SCE ), Coker held various responsibilities in different departments including Law, Vegetation Management, Safety and Distribution.
  • He joins the Iapetus bench of experienced individuals with diverse backgrounds, including energy, legal, finance, sales, logistics, human resources, and marketing.
  • Iapetus Holdings LLC is a privately held, minority and veteran owned portfolio company with a suite of energy and utility services businesses and alternative investments.

Bridgewater Bank Welcomes Joseph Birkholz as Chief Risk Officer

Retrieved on: 
Monday, June 28, 2021

Bridgewater Bank, a leading Twin Cities bank focused on meeting the unique needs of successful individuals and entrepreneurs, today announced the addition of Joseph Birkholz to its team as Chief Risk Officer.

Key Points: 
  • Bridgewater Bank, a leading Twin Cities bank focused on meeting the unique needs of successful individuals and entrepreneurs, today announced the addition of Joseph Birkholz to its team as Chief Risk Officer.
  • Joseph most recently served as Senior Vice President of Risk Operations at TCF Bank (nka Huntington Bank), where he led teams across operational risk, vendor risk and risk operations disciplines.
  • In his new position at Bridgewater, Joseph will help the Bank mitigate key risks by leveraging his expertise in creating and formalizing risk frameworks, developing risk and control assessments, credit risk analytics and operational risk management.
  • Josephs arrival is well-timed at this juncture in Bridgewaters growth, said Jerry Baack, President & Chief Executive Officer at Bridgewater Bank.

Incisive Software Named Operational Risk Solution of the Year by InsuranceERM

Retrieved on: 
Friday, June 18, 2021

Incisive Software has been named the Operational Risk Solution of the Year for 2021 by InsuranceERM.

Key Points: 
  • Incisive Software has been named the Operational Risk Solution of the Year for 2021 by InsuranceERM.
  • Incisives risk management solution was selected for its ability to mitigate operational risk by ensuring the data from which key business decisions are madehoused in complex Excel spreadsheetsis accurate and complete.
  • The added stress of the pandemic, work-from-home distractions (and isolation) combined with accelerated deadlines, greatly increases the likelihood of errorsand operational risk.
  • Incisive Software provides award-winning spreadsheet risk intelligence solutions that identify, manage and reduce risk exposure in business-critical processes that use or interact with spreadsheets.

FDAnews Announces Risk-Based Supplier Qualification: Finding the Right Vendors for the Most Critical Supplies Management Report

Retrieved on: 
Tuesday, June 15, 2021

How can one ensure that suppliers and contractors who are often spread across the globe are limiting risk and in compliance with relevant standards?

Key Points: 
  • How can one ensure that suppliers and contractors who are often spread across the globe are limiting risk and in compliance with relevant standards?
  • In the Risk-Based Supplier Qualification management report, international quality management expert Christian Gausepohl discusses the life cycle of a supplier relationship, how to determine excipient risks and ways to develop a supplier quality agreement.
  • He shares advice on identifying manufacturing risks and includes key considerations for evaluating suppliers, auditing third parties and mitigating inherent risks.
  • Don't miss this chance to learn from an industry expert and develop a plan for assessing and managing supplier risk.

Risk Analytics Market With COVID-19 Impact Analysis by Software Type, Service, Risk Type, Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2026

Retrieved on: 
Friday, June 11, 2021

DUBLIN, June 11, 2021 /PRNewswire/ -- The "Risk Analytics Market With COVID-19 Impact Analysis by Software Type(ETL, Risk Calculation Engines), Service, Risk Type(Strategic Risk, Operational Risk, Financial Risk), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, June 11, 2021 /PRNewswire/ -- The "Risk Analytics Market With COVID-19 Impact Analysis by Software Type(ETL, Risk Calculation Engines), Service, Risk Type(Strategic Risk, Operational Risk, Financial Risk), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
  • The global risk analytics market size to grow from USD 32.6 billion in 2021 to USD 64.7 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 14.7% during the forecast period.
  • The Risk analytics market has been segmented based on components into software and services.
  • China, Japan, and India have displayed ample growth opportunities in the risk analytics market.

Global Risk Analytics Market (2021 to 2026) - Rising Innovations in the Fintech Industry Present Opportunities - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 9, 2021

The "Risk Analytics Market With COVID-19 Impact Analysis by Software Type(ETL, Risk Calculation Engines), Service, Risk Type(Strategic Risk, Operational Risk, Financial Risk), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Risk Analytics Market With COVID-19 Impact Analysis by Software Type(ETL, Risk Calculation Engines), Service, Risk Type(Strategic Risk, Operational Risk, Financial Risk), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
  • The Risk analytics market has been segmented based on components into software and services.
  • APAC has continually presented lucrative market opportunities for risk analytics solution providers with a notable increase in risk analytics across both its developed and emerging countries.
  • China, Japan, and India have displayed ample growth opportunities in the risk analytics market.

RMA Launches 'Women in Risk' Initiative at GCOR XV

Retrieved on: 
Tuesday, June 8, 2021

PHILADELPHIA, June 8, 2021 /PRNewswire/ -- The Risk Management Association (RMA) today launched its new "Women in Risk" community with a special panel discussion at its GCOR XV Virtual Conference.

Key Points: 
  • PHILADELPHIA, June 8, 2021 /PRNewswire/ -- The Risk Management Association (RMA) today launched its new "Women in Risk" community with a special panel discussion at its GCOR XV Virtual Conference.
  • Events will include Women in Risk forums, affinity groups, and an annual themed issue of The RMA Journal.
  • The session, moderated by RMA Enterprise Risk Management Associate Director Elena Noverola, featured:
    Amanda Norton of Wells Fargo.
  • RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk, and operational risk.