Risk Insights Resource Center

The New Frontier: Managing the Risks of AI Advancement

April 23, 2025

Chicago: Participate in an insightful discussion about the implications of using Artificial Intelligence (AI) in the financial services sector and ...

While Financial Market Infrastructures Are Positioning Themselves for Digital Assets, Chainlink Is Connecting the Connectors

April 4, 2025

The blockchain company’s standard for onchain finance “creates highly reliable agreements and transactions that are fundamentally better than what ...

Risk Management and the Fifth Industrial Revolution

March 21, 2025

As the relationship between humans and AI evolves, “the way we think about the management and optimization of risk will be transformed.”

A Strong Security Technology Emerges Out of Crypto

March 7, 2025

Multiparty computation, commonly embedded in digital-asset custody, can support secure data sharing and collaboration across multiple industries and ...

Harnessing AI to Rebuild Public Trust

February 21, 2025

The technology’s potential to revolutionize governance remains largely untapped.

Legal Entity Identifiers – and the Foundation That Champions the Standard – Are at a Crossroads

January 31, 2025

The alpha-numeric codes that have been issued in hopes of averting systemic-risk pitfalls are only “foundational.” Can LEIs finally deliver on their ...

Pacioli in the Computer Age: Back to the Future of Accounting and Risk

January 31, 2025

A time-traveling thought experiment finds modern-day relevance – and problem-solving insights – in the work of a Renaissance-era visionary.

Pacioli in the Computer Age

January 29, 2025

Luca Pacioli, a friend and contemporary of Leonardo da Vinci, is generally considered to be the father of modern accounting. In this paper, Willi ...

Hardware Innovation Will Up the Ante for Risk Managers

January 24, 2025

Over the next few years, major advancements in hardware technology are expected, especially across the nuclear power, weather, transportation and ...

Tokenization: Benefits and Risks

January 24, 2025

Tokenization is transforming previously illiquid markets by making them more accessible, securing ownership and enabling easy transfers. However, it ...

The Six-Letter Word That Unites AI Factions

January 10, 2025

As debates rage over whether artificial intelligence is benign or evil and how it should be regulated, there is unity around the objective of ...

Corporate Digital Identity: The Key to Outpacing the Competition in the Evolving KYC Landscape

December 20, 2024

Manual customer profiling and due diligence is increasingly untenable. With “perpetual KYC,” client information is continuously monitored and updated ...

Are Digital Assets Up to Speed for Institutional Trading?

November 15, 2024

Blockchain technology is being primed for tokenization of assets. In terms of trade execution, an ECN venue is under 10 microseconds.

Does the Blockchain Race Go Only to the Swiftest?

October 25, 2024

Admittedly “a little late,” Citi has racked up some firsts and is building on the foundation of its integrated digital-assets platform.

Reflections on the Past 25 Years: What Risk Managers Have Learned from the Technology Revolution

October 25, 2024

Engineering geniuses have greatly altered the way risk practitioners perceive the financial services industry and evaluate future scenarios.

Digital-Asset Risk Management: VaR Meets Cryptocurrencies

October 18, 2024

As institutional interest grows, a traditional risk methodology is being tested against crypto-market volatility and uncertainty.

Generative AI Has Made Banking Cheaper - But Has It Made It Better?

September 27, 2024

Large language models, like ChatGPT, have ushered in a new wave of AI that should savebanks time and money, and perhaps mitigate some risk. But there ...

Syndicated Loan Trading: An Automation Laggard No More

September 20, 2024

Big-bank-backed Octaura and Versana are delivering on their promises for data and operational modernization.

There Is More to Cyber Incident Reporting Than SEC Disclosure Requirements

September 13, 2024

Filing “similar but distinct” reports to multiple agencies diverts resources from dealing with attacks and their aftermath, critics say.

What Recent Turmoil Tells Us About Technology Risk Management Principles

August 23, 2024

The trading market suffered an ETFs-driven shock in early August. For technology risk managers, that event should serve as a reminder of the power of ...

Financial Market Infrastructures Press Their Case for Blockchain

August 2, 2024

DTCC, Clearstream and Euroclear place risk mitigation and control mechanisms within a digital-asset standardization and interoperability framework.

What Risk Managers Can Learn from the Roots of Modern Technology

July 26, 2024

Technology is ubiquitous in risk management today, and its uses and potential dangers are too numerous to list. Risk practitioners must comprehend ...

After a Cyberattack, Assigning Blame Can Get Personal

June 7, 2024

The prosecution of a chief information security officer leaves other CISOs and their IT, compliance and risk management peers to wonder who might be ...

A Persistent and Systemic Threat Is Also a Common Thread

May 31, 2024

Cybersecurity continues to be a mainstay in assessments of risks to financial stability. Recent analyses look more closely at cyber’s ...

Five Ways to Strengthen Third-Party Cyber Risk Management – and Get Past Common Misperceptions

May 24, 2024

Contractual agreements and other protective measures may not stand up to all threats and crises. Business-continuity and incident-response plans, for ...

Rethinking Technology Risk: Moving Beyond Guns, Gates and Guards

May 10, 2024

Risk management for a long time suffered from a narrow, protective approach focused on dangers, rather than risks and opportunities. As technologies ...

Data Privacy as a Driver of Governance, Risk and Compliance

May 10, 2024

With the coming AI boom and accompanying regulation, privacy assurance will pay off for organizations that respond effectively to public concerns and ...

AI Rears Its Head as a Cyber Threat

May 3, 2024

Accompanying the widespread deployment of powerful new business applications is a growing realization that the technology also gives fraudsters and ...

A Tool for Systemic-Risk Analysis Is Making Some Long-Awaited Headway

April 26, 2024

The ACTUS data standard is seen as helping regulators to identify brewing crises early enough to take mitigating actions.

The Intersection of Compliance and Resilience

April 9, 2024

Sponsored by Fusion Risk Management Operational resilience is top of mind at both global regulators and financial services firms. Whether you are a ...

Nature Risk: The Velociraptor Next Door

March 28, 2024

What’s the difference between the risks nature imposes on humans and the risks humans impose on nature? What are some examples, and what steps can ...

How Blockchain Technology Can Streamline an Investment Value Chain

March 22, 2024

Eliminating intermediary steps and inefficiencies isn’t merely theoretical. A property lending firm’s CTO explains.

Do Cryptocurrencies Pose a Macro Threat to the Global Financial System?

February 23, 2024

Digital currencies like bitcoin have made significant inroads among investors and in several countries – but are their risks greater than their ...

Bank of America Quantitative Strategies Leader Is Named Financial Engineer of the Year

February 16, 2024

International Association for Quantitative Finance honors Leif Andersen, also affiliated with NYU and Carnegie Mellon, as "both an academic and a ...

Is Institutional-Grade Blockchain Ready for Its Great Leap Forward?

February 2, 2024

Perceiving an inflection point for digital assets, DTCC joins with international peers in a call for order, collaboration and standardization.

How to Measure and Model the Multi-Layered Threat of Cyber Risk

February 2, 2024

Risk managers working in the cybersecurity arena face the daunting task of identifying, analyzing and evaluating a variety of idiosyncratic risks. To ...

How Harnessing the Power of AI Can Revolutionize Alternative Lending

January 5, 2024

New and enhanced analytics, personalization and decision support are well suited to the needs of the SME market.

Updated U.S. Cyber Guidelines Place Emphasis on Risk Governance

December 1, 2023

The 10-year-old NIST framework gets a makeover that draws from and expands applicability of proven practices in financial services and other critical ...

Combating Cybercrime in the Age of Remote Work

November 22, 2023

Despite familiarity with bigger attack surfaces and less-secure perimeters, threat awareness and deterrence require continuing and constant vigilance.

The Constantly Evolving Cyber Threat Landscape: Current Lessons for CISOs

November 3, 2023

Because the risks are growing more in volume than in complexity, existing defenses can usually suffice. Here is a look at some of the more novel ...

Could Speedier High-Frequency Trading Prompt the Next Market Meltdown?

October 20, 2023

Traders and market makers are pushing hard for faster HFT, claiming it will result in more liquid and more efficient markets. But a proposed speed ...

Addressing Data Management Challenges with Emerging Technologies and Industry Collaboration

October 13, 2023

Along with AI, cloud and other advances, it will take a cultural shift to overcome the obstacles of overlapping standards, legacy-system complexities ...

Unmasking Gray Actors: How to Spot and Stop a Costly Wave of Fraudulent Behavior

October 6, 2023

Subtle deceptions hook unsuspecting victims; risk mitigation measures can be mobilized.

The Reawakening of Blockchain – and Its Impact on Risk Management

September 22, 2023

A series of large blockchain initiatives from the like of JPMorgan Chase and the LSE have recently grabbed headlines, once again placing the ...

Behavioral Biometrics: A Safe Middle Ground for the Fight Against Financial Fraud?

September 22, 2023

An advanced identity verification tool is reinforcing but not replacing legacy methods

Quantum Computing: Breakthrough Performance Comes with High-Stakes Perils

September 8, 2023

Although the fully realized technology is years away, it is advancing incrementally, and risks are coming into focus

An Overlooked Element of Executive Safety: Data Privacy

September 8, 2023

Proliferation of personal data puts company leaders at risk. Security technologies can protect them.

The Impact of Evolving Central Bank Digital Currencies on Banks and Risk Management

September 1, 2023

Digital currencies developed by central banks may be the wave of the future, but still face significant barriers to entry. Are CBDCs a threat to ...

Systemic Vulnerabilities Underscore the Need for a Data Standard

September 1, 2023

Legal Entity Identifiers, although still a work in progress, point the way toward real-time risk analysis and contagion alerts

Banks Have a Better Grip on Online Fraud, but the Threats Persist

August 11, 2023

Digitization brings both opportunity and vulnerability. Beware social engineering and email compromise.

Four Hurdles of the EU’s Digital Operational Resilience Act

August 4, 2023

Stringent requirements for technological reliability, cybersecurity, business continuity and vendor risk management take effect in January 2025. ...

Risk Management and the Tangled Web of Financial Control, Accounting and Technology

July 28, 2023

Aided by blockchain, financial control professionals are making impressive advancements in risk management. What are the differences between ...

Moving Up on the Compliance Agenda: The EU’s EMIR Refit

July 21, 2023

Market infrastructure rules affect derivatives counterparties and trade repositories, stress data quality and standardization

Extensive Cybersecurity Rules Are Pending at the SEC

July 14, 2023

Critics complain about new layers of complexity and the unintended consequence of information leakage

A Brave (and Risky) New World: The Gig Economy Comes for Hedge Funds

June 23, 2023

The most rapidly growing segment of the hedge fund industry is a gig business model that offers more freedom to managers and investors – and could ...

Facing the Reality of Real-Time Payments: Are Anti-Fraud Protections Up to Speed?

June 16, 2023

FedNow, a milestone for the U.S., launches in July. Artificial intelligence will be on guard.

Risk Management and Public Key Cryptography

May 26, 2023

Risk managers must consider all risks and make decisions based on complex, voluminous, fast-changing data, all while worrying about timeliness and ...

Alternative Data and Credit: The Business Dimension

April 28, 2023

Consumer credit scoring innovations cross over to small-business and startup loans

Getting Beyond RCSA: Why Operational Risk Needs a New, Improved Process

April 14, 2023

Risk Control Self-Assessments are, by definition, limited. Dynamic data-driven assessments are a better way.

It’s in the Details: Are Spreadsheets Putting Firms at Risk?

March 10, 2023

Mitigating the risks in end-user applications through intelligent automation and digital transformation

Helyette Geman, of Johns Hopkins and Birkbeck, Is Financial Engineer of the Year

February 17, 2023

“Research across disparate topics” and “extensive career of important contributions” earn IAQF/Northfield honor

Risk Management: DeFi Lending and Borrowing

February 9, 2023

Decentralized finance promises a new and efficient way of enabling access to financial services, but it does not come without sizeable risks. Kashish ...

Open Banking Is on the Way in the U.S., Accompanied by Risk Concerns

January 27, 2023

While regulations are still pending, data management, privacy and third-party compliance issues are likely to arise

How the Cyber Risk Landscape Changed in 2022 – and What’s in Store for 2023

January 13, 2023

Companies recognizing bottom-line impact will spend more on cybersecurity

The ‘Quantum Cat’ After the Digital Asset Crash

January 6, 2023

Crypto may be paradoxically alive and dead, with unresolved questions and unfulfilled promise

Digital Transformation: 5 Things CROs Need to Know

December 9, 2022

To lead their firms’ into the digital era, chief risk officers should place a premium on people, avoid excessive reliance on technology, build ...

Distributed Ledgers and Digital ID: A Logical Match for KYC?

November 18, 2022

Identity verification and authentication are key to electronic commerce and the further digitalization of financial services and other businesses, ...

Coinbase’s Institutional Flip Side

October 28, 2022

Hurt by exposure to retail crypto trading, the exchange has a growing prime brokerage and alliances with BlackRock’s Aladdin and other platforms

As Crypto Winter Lingers, Digital Custodians Fill Senior Posts

October 7, 2022

Strategic moves by trust companies, Nasdaq and others prioritize safety of assets and institutional participation

The Risk Matrix Approach: Strengths and Limitations

October 7, 2022

The RMA is an effective and intuitive technique used by risk managers to prioritize threats to their organization in a graphic manner – but it’s not ...

Beyond Deepfakes: Synthetic Fraud’s Next Alarming Evolution

September 30, 2022

Artificial intelligence powers potentially more pervasive shallowfakes – and holds a key to solutions

The Ethereum Merge: A Smoother On-Ramp for Institutional Finance?

September 23, 2022

Energy-efficient blockchain may be more hospitable to ESG-minded investors; crypto market risks still loom large

Fintech Innovation: What Does It Mean for FRMs?

September 9, 2022

Regulatory efforts are being outpaced by the progress being made by financial technology companies. How will the growth of fintechs impact the ...

The 'Rebranded' Mission for Legal Entity Identifiers

September 9, 2022

LEI governing body sets digital-commerce goals beyond original focus on financial markets

The Rise of Low Code: A Productivity Breakthrough with Caution Flags

September 2, 2022

As major banks and others empower “citizen developers,” operational risks and “shadow IT” need vigilance

Will the ‘Systemically Important’ Club Become Less Exclusive?

August 19, 2022

A proposal to bolster cybersecurity would extend the designation into critical-infrastructure sectors outside of financial services, but banking ...

Embedded Applications: New Revenue and New Risks for Banks

July 22, 2022

How to Improve Cyber Resilience: A Q&A with the OCC’s Patrick Kelly

June 10, 2022

Do Artificial Neural Networks Provide Improved Volatility Forecasts?

January 20, 2022

Stock market volatility forecasting is an important component of measuring and managing investment risks. Mehmet Sahiner, David G. McMillan and Dimos ...

Alternative Data in Risk Modeling

August 30, 2021

In this episode, we begin a four part series looking at Responsible AI by looking at Alternative Data in risk Modeling. Over the course of the coming ...

The DeFi Paradox: Risks and Opportunities

July 29, 2021

By reducing the costs and risks of using centralized intermediaries, decentralized finance promises cheaper and more open access to financial ...

Cyberattacks on Small Banks and the Impact on Local Banking Markets

May 27, 2021

Cyber breaches can cause significant reputational damage at diminutive banks. Fabian Gogolin, Ivan Lim and Francesco Vallascas explore the effects of ...

Has COVID-19 Accelerated Cyberattacks?

January 5, 2021

Circling back on the issue of cybersecurity after many months of COVID, we speak with Robert H. Rosenzweig, RPLU, a SVP and National Cyber Practice ...

Need to know: Data Privacy vs. Public Health

July 13, 2020

Today, we welcome back Steve Durbin, Managing Director of the Information Security Forum (ISF), to discuss the evolving implications of data privacy ...

GARP Presents: The New Age of Risk Analytics Podcast

April 22, 2019

Sweeping changes to regulations and accounting standards, breakneck advances in technology and the emergence of innovative competitors are upending ...

Cybersecurity: A Global Assessment

January 18, 2019

As a cyber risk management adviser to public- and private-sector organizations, Coalfire has a firsthand perspective on information security ...

Paxos and the Quest to Institutionalize Blockchain

November 5, 2018

In 2015, Paxos (then known as itBit) became the first firm active in the emerging digital asset and blockchain business to obtain a New York State ...

GDPR: The Next Steps

August 16, 2018

Fully in effect as of May 25, 2018, the far-reaching data security and privacy provisions of the European Union’s General Data Protection Regulation ...

The 2018 Global Cyber Threat Outlook

December 13, 2017

Steve Durbin, Managing Director of the Information Security Forum (ISF), talks to GARP Editor-in-Chief Jeff Kutler about ISF’s 2018 Global Security ...