• Choose your currency
  • GBP
  • EUR
  • USD

You have no items in your shopping basket.

0 items
£0.00

Operational Risk Management Systems for Financial Services 2013

By Chartis Research

Overview

This report covers the competitive landscape for operational risk management systems. The range of solutions and functionalities offered by vendors can make it difficult for buyers to decide which solution best suits their operational risk needs. Consolidation of vendors, increasing requirements and demands from buyers, and continued innovation has altered the operational risk technology landscape.


This is an electronic product and access is restricted by certain usage rights, please review the eBook help section before making your purchase.

Publish date: 1 Feb 2013

Availability: In stock

£2,500.00
£2,500.00

e-Book description

Simultaneously, firms are reversing the last decade’s trend towards greater centralization of risk management. With greater decentralization of operational risk responsibilities, firms are shifting investment from the second line of defense (risk functions) to the first line of defense (front office).

This report covers the competitive landscape for operational risk management systems. The range of solutions and functionalities offered by vendors can make it difficult for buyers to decide which solution best suits their operational risk needs. Consolidation of vendors, increasing requirements and demands from buyers, and continued innovation has altered the operational risk technology landscape.

This report uses Chartis’s RiskTech Quadrant® to explain the structure of the market. The RiskTech Quadrant® uses a comprehensive methodology of in-depth independent research and a clear scoring system to explain which technology solutions meet an organization’s needs. The RiskTech Quadrant® does not simply describe one technology solution as the best operational risk solution; it has a sophisticated ranking methodology to explain which solutions would be best for specific buyers.

This report covers the leading vendors offering operational risk solutions for financial institutions, including BPS Resolver, Chase Cooper, EMC-RSA, IBM, Mega, MetricStream, NASDAQ OMX-BWise, Oracle, Protiviti, SAP, SAS, SunGard, Thomson Reuters, Wolters Kluwer FS, Wynyard, and YarcData.

e-Book details

ISBN
9781782720317
Format

Author biography

Chartis Research

Chartis is a leading provider of research and analysis covering the global market for risk management
technology. Their goal is to support enterprises seeking to optimise business performance through better risk management, corporate governance and compliance. They help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on the broad spectrum of risk technology offerings.

Areas of expertise include:

  • Credit risk
  • Operational risk and Governance, Risk and Compliance (GRC)
  • Market risk
  • Asset and Liability Management (ALM) and Liquidity Risk
  • Financial Crime
  • Insurance risk
  • Regulatory requirements including Basel II, Basel III, Dodd Frank and Solvency 2

Chartis is solely focused on risk technology giving it significant advantage over generic market analysts.

Chartis has brought together a leading team of analysts and advisors from the risk management and financial services industries. This team has hands-on experience of implementing and developing risk management systems and programmes for Fortune 500 companies and leading consulting houses.

Chartis Research is authorised and regulated in the United Kingdom by the Financial Services Authority
(FSA) to provide investment advice.

Table of contents

  1. Executive summary
  2. Demand-side analysis
    • Increased demand for ORM
    • Regulation
    • Convergence of ORM with other functions
      • Overlap between ORM and Credit Risk Management
      • Convergence of financial crime systems and ORM
      • Convergence of operational risk management and regulatory compliance
    • Model Risk
    • Focusing on business benefits instead of compliance
  3. Technology requirements
    • Data management
      • External loss data
      • Document management
    • Real-time assessment and monitoring
    • KRIs
    • Risk and Control Self Assessment
    • Risk intelligence and visualization
    • Workflow and action management
    • Process mapping/modeling
    • ERM
    • Integrated ORM and Financial Crime Risk Management systems
    • Collaboration and feedback
  4. Vendor Landscape & RiskTech Quadrant™ for Operational Risk Management Systems
    • Vendor Landscape
    • Selected vendor profiles
  5. Appendix A: RiskTech Quadrant™ Methodology
  6. Appendix B – Operational Risk Management Systems Vendor Evaluation Form
  7. Further Reading

Customer Reviews

Average customer reviews for Operational Risk Management Systems for Financial Services 2013
Incisive Media - AOP Digital Publisher of the Year 2010 & 2013