Wednesday Dec 02, 2015

How to Gain an Enterprise-Wide View of Model Risk

Financial Institutions maintain model critical information on a silo’d basis and as a natural extension of the same, the risks arising from these models are also managed on a silo’d basis. This causes a challenge for senior management to get an enterprise-wide view of the risks arising out of models used across the organization. Therefore, there is a need to adopt an enterprise-wide approach when it comes to model risk breaking divisional silos. Read the latest blog post from Krishnamurthy Venkatraman, Senior Principal Product Manager for Oracle Financial Services Analytical Applications, to learn how financial institutions can gain an enterprise-wide view of model risk.
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Tuesday Feb 10, 2015

Big Banks Don’t Need Big Bangs: An Evolutionary Approach to Enterprise Stress Testing

David Bomser, Senior Director for Banking Analytics at Oracle, shares his knowledge of enterprise stress testing and the high stakes surrounding stress testing.  With regulators laser-focused on the governance and processes behind regulatory mandated stress testing, banks need to evaluate each major area of their stress testing programs to understand where they are most vulnerable and subject to regulatory scrutiny. 
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Wednesday Jul 02, 2014

Model Risk Management In Banking: You Are Vulnerable Without These 3 Lines of Defense

Throughout the years, financial institutions have become heavily dependent on various models for risk calculations, performance management, anti-money laundering, fraud detection, credit risk management, etc.  Advanced models are very useful when it comes to dealing with large amounts of complex data and decision making; however, when used incorrectly they can lead to drastic implications as well.  Effective model risk management can be achieved if you follow 3 lines of defense.  Join Krishnamurthy Venkatraman, Senior Principal Product Manager for Oracle Financial Services Analytical Applications, as he discusses these 3 lines of defense.
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Wednesday Feb 19, 2014

Time to Re-Model? A Look at Enterprise Modeling Platforms and R Usage in Banking

The open source R statistical platform has grown to be an enormously popular statistical modeling platform for Enterprise Risk, Financial Fraud and other Financial Services use cases, and for good reasons.  However, the R platform is only an element of an overall enterprise analytics platform.  Join Sunil as he shares with us his thoughts on why banks should expect a fresh approach to solving their enterprise analytics challenges.
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Wednesday Jul 03, 2013

The Virtues and Challenges of Implementing Basel III: What Every CFO and CRO Needs To Know

For this blog post Dr. Varun Agarwal of Capgemini Financial Services joins us to walk through the key features of the Basel III regulatory framework and examine the impact that it will have on financial services institutions.  He also explores the challenges and benefits of implementing complex financial regulations and makes the case for embracing them in light of the long term profitability and sustainability that they can bring to banks.

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