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Financial Risk Management

This network brings together professionals involved in the oversight and management of their company's financial risks and exposures as well as solution vendors, in order to discuss risk issues including interest rate risk, foreign exchange risk and commodity price risk, among others.

a non-active Finextra member | 07/12/2012 | 1836 views

Decision Automation: A Simple Puzzle That Can Teach Us A Lot

In this article, we want to illustrate the importance of augmenting automated decisioning and business intelligence systems with human intelligence. Here’s a simple logic puzzle for starters. Please look at the picture at the page bottom. There are four cards lying on a table in the way pictured below. Identify which card(s) you would flip i... Tags: Risk & regulation, Retail banking

a non-active Finextra member | 19/11/2012 | 1691 views

Scorecards. Achieving Most Precise Borrower Segmentation

Below we examine most common mistakes in scorecard development, and explain how to use them for most precise borrower rating and segmentation. Scorecards provide a set of weights assigned to characteristics that demonstrate customer’s credit worthiness. With scorecards, customers are evaluated and rated according to their potential probabili... Tags: Risk & regulation, Retail banking

a non-active Finextra member | 08/10/2012 | 1200 views

Energy Trading Risk management

Albedo energy consulting launches comprehensive energy trading and risk management software, which runs on any windows platform, consumes less than 700KB of storage and requires no implementation and available as desktop/web/mobile application. 1) ALBITS: Energy trading & Portfolio optimization software. 2) QUANTHEDGE: Energy & Forex Tags: Risk & regulation, Risk & regulation

a non-active Finextra member | 03/09/2012 | 2660 views | 2 comments

Self-Service BI in Banks' Competitive Race

Decision automation systems without IT involvement are moving from the frontiers of innovative thinking to a mainstream necessity. This manifests the current “innovate or stagnate” approach in the financial services industry. This article describes potential drawbacks and shows what to keep in mind during technological changes. The mos... Tags: Risk & regulation, Retail banking

a non-active Finextra member | 14/08/2012 | 2542 views | 2 comments

Risk Management in Banking: Introducing Changes

Only 46% of banks are confident that their company has adequate risk management tools and processes, and that management follows risk management recommendations, as found by a recent Tower Watson survey. This article shows how to refine risk management mechanism and maintain risk management culture on a high level. Risk managers are treated as an ... Tags: Risk & regulation, Retail banking