From fires to employee errors, all businesses face risks. Starting a business without risk is impossible, so to run successful businesses, small-business owners must understand and prepare for the ...

The last decade has seen an explosion in technologies with tremendous potential impact on a business. From internet-connected devices to the algorithms that can make sense of the mountains of data ...

Companies that want to achieve a sustainable and profitable business need to focus on three dimensions of their operations, generally speaking. First is value protection, a foundational concern that ...

In the contemporary business landscape, information technology is the central nervous system of most organizations. Its ...

On 5 December 2019 the Bank of England (Bank), UK Prudential Regulation Authority (PRA) and UK Financial Conduct Authority (FCA) published coordinated consultation papers and policy 1 on new ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

The U.S. bank supervisory agencies recently issued for public comment revised guidance regarding the implementation of the proposed Basel II-related, risk-based capital requirements. Among the ...

Despite the challenges, the future of construction holds tremendous promise. New technologies, sustainable practices and smarter risk management are driving greater efficiency, safety and value.

Of all the financial buzzwords on Wall Street, "risk" and "operations" are in the forefront these days. With new position limits, rules and regulations rolling out as fast as firms make headlines for ...

For years, financial institutions, payment providers and treasury platforms have treated foreign exchange risk management and operational functions as independent domains. Businesses process payments ...

Like so many years before, the 2018 fire season is off to a record-setting pace of voracious consumption of thousands of acres, homes and, tragically, human life. The last decade has seen records set ...

On 13th April 2023, the UK Prudential Regulation Authority (PRA) announced that it had fined Mr Carlos Abarca, the former chief information officer (CIO) of TSB Bank plc, £81,620 for his role in ...