Multinational consultancy company Accenture has been leading efforts and finding the most appropriate solutions for business continuity for its clients. Not surprisingly, their publications are always under our radar and we try hard to keep up with Accenture’s output in several areas, including Risk Management and Business Continuity Management. Things happen…. hurricanes, power outages, systems […]
Crisis Management
Top 10 Operational Risks for 2017
Renown and industry leader website Risk.net presents the top 10 operational risks of 2017, as chosen by risk practitioners worldwide. Banks and financial services firms face a range of operational challenges in 2017. In a series of interviews that took place in November and December 2016, Risk.net spoke to Chief Risk Officers, Heads of Operational […]
INFOGRAPHIC: What is the Greatest Cybersecurity Threat?
What is nowadays referred to as Cyber Risk is now part of the Top Risks discussed regularly at Board meetings around the world. And this is a fact not only for financial services firms or big banks. Our latest infographic exposes a recurrent question in regarding security: who poses the greater threat to corporate sensitive data: insiders or outsiders? It started with […]
Global Risks Report 2017
The Global Risks Report 2017, from the World Economic Forum (WEF), features perspectives from nearly 750 experts on the perceived impact and likelihood of 30 prevalent global risks as well as 13 underlying trends that could amplify them or alter the interconnections between them over a 10-year timeframe. The WEF summarises that: 2016 saw a crystallization […]
Understanding Carbon Emission Risk when Allocating Assets
In 2013 I was invited to write about the closure of Chinese Harbin Airport due to poor air quality (in other words “smog”). This article became the second most read entry at globalairportcities.com blog for FY2013 and generated a lot of interesting discussion and positive feedback. Three years have passed, and besides the United Nation […]
VIDEO: An Overview of Operational Risk Management
Operational Risk has historically been considered by many as the less-important-“younger brother” of Credit Risk and Market Risk. Operational Risk has been growing in importance within financial services providers, being them top tier 1 banks, brokerage firms, investment management firms, financial boutiques, among others. The fundamental aspect of operational risk is that if a given (operational) risk occurs […]
INFOGRAPHIC: The Aftermath of the BREXIT Vote
Many experts predicted a BREXIT calamity if the UK voted to leave. Leave was the outcome and the question now posing is: were they right? Take a look at the last three months and the aftermath of the BREXIT vote. BREXIT “doom and gloom” appears to be mostly exaggerated (so far) For the first half of […]
Business Continuity Management Tookit
The UK HM Government has done a great job putting this toolkit in place, which is very useful for anyone working with BCP or Operational Risk. The toolkit essential goal is to help put the theory into practice through objective steps that a BCP manager will need to take to implement BCM in an organisation. […]
