Risk register

Northern Trust Universe Data: Lower Interest Rates Paved the Way for a Strong Rally in Q4

Retrieved on: 
Wednesday, February 7, 2024

Cooling inflation, softening labor markets and lower interest rates during the fourth quarter paved the way for a strong rally in financial markets to end 2023.

Key Points: 
  • Cooling inflation, softening labor markets and lower interest rates during the fourth quarter paved the way for a strong rally in financial markets to end 2023.
  • The median return for institutional asset owners included in the Northern Trust All Funds Over $100 million plan universe was 7.3% for the quarter ending December 31, 2023.
  • The Northern Trust Corporate (ERISA) universe median return for the quarter was 9.5% while the Northern Trust Public Funds universe median return was 6.4%, and the Northern Trust Foundation and Endowment (F&E) universe produced a 5.5% median return.
  • Public Funds universe median returns for the one-, three- and five-year periods stood at 10.6%, 4.6% and 8.3%, respectively.

Wynn Resorts Recognized on FORTUNE Magazine’s 2024 List of World’s Most Admired Companies

Retrieved on: 
Thursday, February 1, 2024

Wynn Resorts has once again been honored on FORTUNE Magazine’s World’s Most Admired Companies list for 2024.

Key Points: 
  • Wynn Resorts has once again been honored on FORTUNE Magazine’s World’s Most Admired Companies list for 2024.
  • Additionally, Wynn Resorts placed first among all hotel companies in the Quality of Products/Services category, a recognition the Company received for a fifth time.
  • “It’s gratifying to be included on the World’s Most Admired list for a sixteenth consecutive year,” said Craig S. Billings, CEO of Wynn Resorts.
  • Each year, FORTUNE Magazine conducts a survey to compile the World’s Most Admired Companies list, the definitive report card on corporate reputations in a variety of fields including consumer products, power, natural resources, and hospitality.

Quantifying financial stability risks for monetary policy

Retrieved on: 
Saturday, February 3, 2024

They could rapidly tighten monetary policy at the risk of fuelling financial distress after years of ultra-low interest rates and balance sheet expansion.

Key Points: 
  • They could rapidly tighten monetary policy at the risk of fuelling financial distress after years of ultra-low interest rates and balance sheet expansion.
  • Quantifying financial stability trade-offs therefore requires a way to gauge the three-way interaction between monetary policy, financial stability conditions and tail risks to the economy.

Project Management in the AI Era: A Roadmap for Enhanced Efficiency and Strategic Success Published by Info-Tech Research Group

Retrieved on: 
Friday, January 26, 2024

The firm's blueprint provides IT and PPM leaders with a roadmap for efficient resource allocation, real-time decision-making, and strategic business objectives project alignment, leveraging AI to transform traditional project management practices.

Key Points: 
  • The firm's blueprint provides IT and PPM leaders with a roadmap for efficient resource allocation, real-time decision-making, and strategic business objectives project alignment, leveraging AI to transform traditional project management practices.
  • Info-Tech Research Group, a global leader in IT research and advisory, has released its latest blueprint, Exponential IT for Project and Portfolio Management .
  • Info-Tech's blueprint highlights how PPM activities, such as portfolio management, resource management, budgeting, and performance monitoring, will be significantly enhanced through AI automation.
  • This initiative will enable project management teams to shift their focus from administrative duties to strategic problem-solving and forward-looking tasks.

Commissioner warns UK’s top websites to make cookie changes

Retrieved on: 
Friday, December 29, 2023

The Information Commissioner has warned some of the UK’s top websites they face enforcement action if they do not make changes to comply with data protection law.

Key Points: 
  • The Information Commissioner has warned some of the UK’s top websites they face enforcement action if they do not make changes to comply with data protection law.
  • Some websites do not give users fair choices over whether or not to be tracked for personalised advertising.
  • Websites can still display adverts when users reject all tracking, but must not tailor these to the person browsing.
  • We’re giving companies who haven’t managed that yet a clear choice: make the changes now, or face the consequences."

DirectDefense Launches ThreatAdvisor 3.0 to Streamline Security Operations with SOAR Technology

Retrieved on: 
Tuesday, November 14, 2023

DirectDefense , a leading information security services company, today announced the launch of ThreatAdvisor 3.0 , its proprietary security orchestration, automation and response (SOAR) platform.

Key Points: 
  • DirectDefense , a leading information security services company, today announced the launch of ThreatAdvisor 3.0 , its proprietary security orchestration, automation and response (SOAR) platform.
  • Designed to improve the speed, efficiency, and accuracy of DirectDefense’s Security Operations Center (SOC), ThreatAdvisor 3.0 offers continuous security monitoring and management, automates manual processes, and includes an extensive knowledge base for compliance, security events and mitigation techniques.
  • Together with DirectDefense’s white glove approach, ThreatAdvisor is customized for each client based on its unique needs.
  • “ThreatAdvisor simplifies management, streamlines operations, and improves analyst productivity, so our SOC can be faster, more accurate and more efficient in detecting and responding to threats.

Northern Trust Universe Data: Institutional Plans Post Negative Returns as Global Equity Markets Sell Off in Q3

Retrieved on: 
Monday, November 6, 2023

The median return for institutional asset owners included in the Northern Trust All Funds Over $100 million plan universe was down -2.2% for the quarter ending September 30, 2023.

Key Points: 
  • The median return for institutional asset owners included in the Northern Trust All Funds Over $100 million plan universe was down -2.2% for the quarter ending September 30, 2023.
  • The Northern Trust Foundation and Endowment (F&E) universe produced a -1.1% median return for the quarter, while the Northern Trust Public Funds universe median return was down -1.7% and the Northern Trust Corporate (ERISA) universe median return was -5.1%.
  • Public Funds universe median multi-period returns for the one-, three- and five-year periods stand at 9.1%, 5.6% and 5.2%, respectively.
  • The segment continues to increase the allocation to Private Equity, where the universe median allocation now stands at 15.1%.

ICO seeks Sandbox entrants for 2024

Retrieved on: 
Monday, October 16, 2023

Organisations have until the end of this year to submit expressions of interest in entering the ICO’s Regulatory Sandbox in 2024.

Key Points: 
  • Organisations have until the end of this year to submit expressions of interest in entering the ICO’s Regulatory Sandbox in 2024.
  • If you’re part of an organisation that’s tackling complex data protection considerations as you create innovative new products and services, the ICO’s Regulatory Sandbox team wants to hear from you.
  • “Through our Regulatory Sandbox, organisations get unique access to bespoke regulatory advice and support as they take their ideas from concept to reality.
  • Further details on the Sandbox, its benefits, eligibility criteria and the application process can be found in the Guide to the Sandbox on the ICO website or by emailing the team at [email protected].

Thoropass announces The OrO Way, the only customer-first approach to compliance and infosec audits

Retrieved on: 
Tuesday, September 26, 2023

NEW YORK, Sept. 26, 2023 /PRNewswire/ -- Thoropass, already the industry leader in compliance and information security audits, announces the launch of its OrO™ Way approach.

Key Points: 
  • NEW YORK, Sept. 26, 2023 /PRNewswire/ -- Thoropass, already the industry leader in compliance and information security audits, announces the launch of its OrO™ Way approach.
  • Thoropass releases The OrO Way: AI-infused tech and in-house experts to revolutionize compliance and infosec audits
    The OrO Way revolutionizes traditional compliance methods by combining generative technology with expert auditors into one coherent, closed-loop experience.
  • Industry observers are already aware of The OrO Way via Thoropass's "We Fixed Audits" campaign launched this summer when Thoropass detailed its frictionless and predictable approach to providing high quality independent audits.
  • The OrO Way affirms the lifelong partnership of Thoropass experts and customers as they look to future-proof their businesses and ensure growth through compliance.

PEOPLES BANCORP INC. ANNOUNCES NEW EXECUTIVE OFFICERS

Retrieved on: 
Monday, August 28, 2023

The positions are with Peoples and its banking subsidiary, Peoples Bank.

Key Points: 
  • The positions are with Peoples and its banking subsidiary, Peoples Bank.
  • Donlon succeeds Tyler Wilcox, who was elevated to Senior Executive Vice President, Chief Operating Officer, of Peoples and Peoples Bank on July 11, 2023.
  • "Hugh and Matt bring a tremendous amount of banking experience to Peoples, much of it with institutions over $10 billion in asset size," said Chuck Sulerzyski, Peoples' President and Chief Executive Officer.
  • Peoples offers services through Peoples Bank (which includes the divisions of Peoples Investment Services, Peoples Premium Finance and North Star Leasing), Peoples Insurance Agency, LLC, and Vantage Financial, LLC.