The risk reporting environment for banks has changed. Regulatory
imperatives that were largely driven by the financial crisis of 2007
such as Dodd-Frank, Principles for Effective Risk Data Aggregation
and Risk Reporting (BCBS 239) by the Basel Committee on Banking
Supervision (BCBS), Comprehensive Capital Analysis and Review
(CCAR) and othersare impacting banks around the globe. These
imperatives are forcing banks to rethink and reinvent how their
systems integrate and how data from across the bank flows into
the aggregated risk and capital reports required by regulatory
agencies. Banks must be able to convey to agencies that the data is
complete, correct and consistent in order to establish that the reports
are trustworthy
Published By: MarkLogic
Published Date: May 15, 2017
Data is critical to the entertainment industry and not taking advantage of it can keep you from creating great experiences and delivering the right content to partners. And, more than that, it can make it hard for you to optimize operations, get insight into the contents value and stay ahead of the many changes in how content is created, consumed and monetized.
However, even with the new digital tools in production, there are many challenges to making use of this data. The effort involved can take time and resources away from film production, introduce security risks, and leave key data inaccessible to those that need it.
In this paper, we review:
The current state of production data
The challenges the entertainment industry is facing in making use of data
A new Smart Content approach that is helping industry pioneers to reduce complexity on the set, drive reporting, and enable them to stay ahead of market changes
Published By: NAVEX Global
Published Date: Jul 17, 2017
Establishing a culture of integrity, ethics and respect is the number one priority for companies in 2017, according to a new report. In common with the 2015 report, getting an organisation's culture right is the main objective for compliance professionals in the year ahead, with 85 per cent of respondents saying it is one of their three main goals.
However despite this, only 32 per cent of firms indicated that they are planning to undertake a culture or ethics assessment in the next twelve months. In addition, workplace behaviour was rated as the lowest area of risk receiving attention by stakeholders (29 per cent).
Download the full report for additional stats on board level reporting, increasing compliance programme awareness and satisfaction with third party risk management.
Published By: Sage People
Published Date: May 14, 2018
Compliance is one of the top challenges facing any payroll and HR department. Its up to you to ensure that all personnel business practices follow current laws and that you are keeping proper records to document your companys compliance. While an efficient payroll system can help to enhance employee moral and boost your reputation, mistakes in record-keeping and compliance can result in punitive penalties even lawsuits. Of course, no business wants to expose itself to such financial and reputational risk. However, keeping up to date with payroll legislation can be a complex task. Its reported that as many as one in three small businesses are penalised for incorrect payroll. To protect your company from costly fines and even litigation, you need to stay informed about employment laws, reporting rules, and changing workforce compliance issues. In this guide, we look at the challenges and the payroll solutions that will help your payroll department meet its compliance requirements wit
Published By: SailPoint
Published Date: Feb 08, 2011
This guide is designed to help ensure a successful identity governance strategy can move your organization toward sustainable compliance, reduced risk, improved service levels and lower operational costs.
Published By: MarkLogic
Published Date: Jun 21, 2017
Global financial organizations are facing increasing demands from the business for more granularity, transparency, reporting and security. If youre on the IT side, you know this adds a different set of mores to the equation: More duplication, delays, and people. Whats the net-net? More cost and more risk.
You can balance the scales to satisfy those demands. And it starts with thinking differently about data management.
Our financial services technology experts will explore the implications of governance, risk and compliance (GRC) imperatives. Youll learn:
Why data is at the heart of an effective and dynamic GRC strategy
Why technological capabilities used to enable standard GRC programs can reduce transparency and prevent you from gaining a holistic view of your data
A new approach to data can provide the business with complete transparency
Review a sample regulatory reporting architecture
Stop burning time on tooling and start building a dynamic GRC strategy that can
Download "Making Risk Management More Effective with Security Ratings" to learn how BitSight is revolutionizing the way organizations manage security risk throughout their ecosystem.
Banks today are continuously challenged to meet rigorous regulatory
requirements. They must implement strict governance programs that
enable them to comply with a wide variety of regulations stemming
from the financial crisis that began in 2007, including the DoddFrank
Act, Basel Committee on Banking Supervision regulations, the
General Data Protection Regulation (GDPR), the Revised Payment
Services Directive (PSD2) and the revised Markets in Financial
Instruments Directive
To keep pace with regulatory changes, many banks will need to
reapportion their budgets to support the development of new systems
and processes. Regulators continually indicate that the banks must be
able to provide, secure and deliver high-quality information that is
consistent and mature.
Banks today are continuously challenged to meet rigorous regulatory
requirements. They must implement strict governance programs that
enable them to comply with a wide variety of regulations stemming
from the financial crisis that began in 2007, including the DoddFrank
Act, Basel Committee on Banking Supervision regulations, the
General Data Protection Regulation (GDPR), the Revised Payment
Services Directive (PSD2) and the revised Markets in Financial
Instruments Directive (MiFID2).
Many of these new regulations are spurring banks to rethink how data
from across the enterprise flows into the aggregated risk and capital
reports required by regulatory agencies. Data must be complete,
correct and consistent to maintain confidence in risk reports, capital
reports and analytical analyses. At the same time, banks need ways to
monetize, grant access to and generate insight from data
Read this white paper to learn the five essential questions CFOs should be asking their controllers. The discussion will enable you and your controller to jointly to establish best practices around:
Internal controls
Risk minimization
Operational efficiency
Visibility and reporting
Financial leadership
Today financial services institutions must meet the standards for data quality attestation by the FFEIC regulators of risk reporting. This paper discusses the platform and domain expertise needed to support the rigorous demands of commercial and retail risk reporting.
Previously known as Watchfire AppScan, Rational® AppScan® Standard Edition V7.8 is a leading testing tool that scans and tests your Web applications for all common vulnerabilities. Download the trial to see how it automates the testing process so you can address problems early.
Managing employer compliance can be a tedious task, but its a highly visible, important way that the human resources department minimizes risk for the business and keeps the workforce running smoothly. Use this guide to stay informed about employment laws, reporting rules, and developing workforce compliance issues that may impact your organization. Well help you navigate ten crucial mandates, explaining the obligations and compliance considerations you need to be aware of in order to take on your responsibilities.
Uncertain times and a volatile economic climate have contributed to an expanding focus on corporate governance, risk, and compliance (GRC) across all industries. As global mandates and compliance directives continue to snowball, organizations are faced with an imminent need to adopt a programmatic approach and tightly integrate risk management initiatives with ongoing business processes. Business intelligence and reporting also provide a powerful mechanism for gaining a deep understanding of key factors that impact corporate performance.
Your information can be one of your greatest assets - helping you stay on top of regulatory requirements, close to customers, and ahead of the competition. Organizations that pay attention to their data will be the ones to survive and thrive. So how do you obtain a complete view of your information when it is scattered across silos? Or integrate data from structured and unstructured data sources? Or help reduce the risk of inaccurate reporting? And how do you manage your information more effectively to help keep costs from spiraling out of control?
Many new regulations are spurring banks to rethink how data from across the enterprise flows into the aggregated risk and capital reports required by regulatory agencies. Data must be complete, correct and consistent to maintain confidence in risk reports, capital reports and analytical analyses. At the same time, banks need ways to monetize, grant access to and generate insight from data.
To keep pace with regulatory changes, many banks will need to reapportion their budgets to support the development of new systems and processes. Regulators continually indicate that the banks must be able to provide, secure and deliver high-quality information that is consistent and mature.
Since the National Association of Insurance Commissioners (NAIC) made revisions to the Financial Reporting Model Regulation (Model Audit Rule) in June 2006, the insurance industry’s attention to the risks associated with financial reporting has been on the rise. Structured similarly to Section 404 of the Sarbanes‐Oxley Act, the Model Audit rule places a significant burden on C‐level executives to ensure their oversight in the internal controls for financial reporting (ICFR) process. Executives within these insurance organizations, both public and private, will be required to evaluate their internal controls in preparation for the first reports due in 2010 for the 2009 reporting period.
Managing employer compliance can be a tedious task, but its a highly visible, important way that the human resources department minimizes risk for the business and keeps the workforce running smoothly. Use this guide to stay informed about employment laws, reporting rules, and developing workforce compliance issues that may impact your organization. Well help you navigate ten crucial mandates, explaining the obligations and compliance considerations you need to be aware of in order to take on your responsibilities.
This white paper examines how some of the ways organizations
use big data make their infrastructures vulnerable to attack. It
presents recommended best practices organizations can adopt
to help make their infrastructures and operations more secure.
And it discusses how adding advanced security software solutions
from IBM to their big-data environment can fill gaps that
big-data platforms by themselves do not address. It describes
how IBM Security Guardium, an end-to- end solution for
regulatory compliance and comprehensive data security, supports
entitlement reporting; user-access and activity monitoring;
advanced risk analytics and real-time threat detection analytics;
alerting, blocking, encryption and other data protection capabilities,
as well as automated compliance workflows and reporting
capabilities, to stop threats.