Risk Insights Resource Center

Reframing Operational Resilience in a World of Overlapping Risks: 3 Insights

April 25, 2025

Financial institutions can no longer rely on linear operational risk plans, because cyberattacks, supply-chain disruptions, regulatory fragmentation, ...

Anti-Money Laundering Rules Go in ‘Risk-Based’ Direction

March 21, 2025

The U.S. Financial Crimes Enforcement Network calls for effective, “reasonably designed” compliance programs. They may not allay concerns about costs.

What’s Your Risk Tolerance? Why Companies Fail to Build Resilience.

March 14, 2025

There is a tendency to overestimate organizational preparedness. Be realistic, flexible, and “tackle the right things first,” a third-party risk ...

Wildfire Risk Implications for Property and Insurance Markets

March 7, 2025

Calls for changes in risk-based insurance pricing, regulation and risk modeling have grown louder in the aftermath of California’s devastating ...

Currencies, Trade and Other Tensions: India’s Balancing Act

February 28, 2025

A growth driver within the BRICS bloc “will pursue whatever benefits its national interest.”

A Risk Outlook for 2025: The Places to Pay Attention

February 14, 2025

Break down silos to get a holistic perspective on interconnected and emerging risks, an integrated-risk-solutions executive advises. AI, geopolitics ...

Augmenting Third-Party Risk Management with Enhanced Due Diligence for AI

January 17, 2025

With reference to processes outlined in regulatory guidance, key considerations for effectively addressing emerging due-diligence challenges.

Operational Resilience: Current Challenges and the Road Ahead

December 13, 2024

Hear from Pedro Morales, the Director and Global Head of AML/Sanctions Compliance at Google, about AI, cyber threats, fraud, third-party risk, ...

TD Bank’s $3 Billion Hit: Have We Reached Peak AML?

December 13, 2024

Does the Canadian-owned bank’s severe punishment signify that anti-money laundering enforcement is working well and fit for purpose? Or is the system ...

Mossad-Hezbollah Aftermath: A New Perspective on Third-Party Risks

November 22, 2024

Although the war in the Middle East seems distant, recent attacks involving electronic devices have reminded us about the need for effective ...

How to Fix Climate Change & Biodiversity Loss at the Same Time

November 7, 2024

Hear from Prof. Pete Smith of the University of Aberdeen, as we explore the overlap in the challenges from, and solutions to, climate change and ...

Revolutionizing Risk Decisioning with AI and Gen AI

October 22, 2024

Sponsored by SAS The transformation of Risk Decisioning is driven by the evolution across People, Process, and Technology, impacting Operational ...

The Art of Buying and Selling Risk Analytics

October 11, 2024

How can consultants or third-party vendors of analytics and models separate themselves fromthe pack? And what are banks looking from these external ...

A Closer Look at CrowdStrike and the Enterprise Security Wake-Up Call

October 11, 2024

The global tech breakdown underscores the importance not only of incident-response planning, third-party risk management and due diligence, but also ...

Mitigating Risks to the Supply Chain: A Risk Manager's Guide

October 4, 2024

Volatility in the global supply chain has been ramped up by geopolitical threats, laborstrikes, trade tensions between countries, natural disasters, ...

Supply-Chain Risk Is Global. A Risk Management Strategy Should Be, Too.

October 4, 2024

Understanding not only the nature and causes of disruptions, but also the complexities of third-party interrelationships, in the interest of ...

DORA’s Next Round: What Financial Institutions Need to Know

September 20, 2024

A new set of guidelines fills some gaps as the January deadline for EU operational-resilience compliance approaches. Data transparency and ...

Building Resilience and Bridges to Weather Risks

September 6, 2024

Interpersonal connections are core to organizational alignment and a resilient culture. Risk managers are “uniquely empowered” to streamline ...

Preparing for Disruptions: Lessons Learned from the CrowdStrike Outage

August 23, 2024

An IT failure of global proportions exposed shortcomings in resilience planning. More extensive, automation-aided scenario simulations will be needed ...

How to Better Manage Operational Risk in Uncertain, Volatile Times

August 9, 2024

Banks must now contend with complex cyber hazards, growing AI and a variety of other threats, but there are specific steps they can take to improve ...

Peer-to-Peer Fraud: Scammers Adapt as Payments Go Digital

August 9, 2024

Lawmakers cite existing regulations – and propose a newly tailored rule – in pressuring Zelle and its owner-banks to strengthen consumer protections.

A New Generation of Fake Documents Is Outrunning Conventional Anti-Fraud Capabilities

August 2, 2024

Look to artificial intelligence to detect and manage risks emerging from the technology’s dark side.

Risk-Management Considerations Amid Continuing Supply-Chain Pressures

June 21, 2024

The causes and effects – and ultimate business impacts – are macroeconomic and geopolitical.

An International Push for Anti-Money Laundering Reform

June 21, 2024

Authorities’ call for “urgent action” follows European Union legislation that could reshape the fight against financial crime.

The Limitations of Models and the Need for Simpler Scenarios

June 14, 2024

Risk models today are asked to perform statistical miracles, covering a multitude of far-flung scenarios that cannot be validated. This approach ...

Reflections on the Value of Models

May 31, 2024

Right or wrong, models “are essential to making sense of the world.” It’s a problem “when people become servants to their particular models.”

Geopolitical Risk: Trends, Challenges and Prognostications

April 14, 2024

Hear from Daniel Wagner, CEO of Country Risk Solutions, about the complexities of the global geopolitical risk landscape. In these volatile and ...

Anti-Fraud Strategies Take Center Stage Amid Consumers’ Shifting Expectations

April 12, 2024

Financial firms can strengthen relationships and loyalty by protecting consumers from, and educating them about, the threats.

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 ...

COVID-19: A Catalyst for Evolving MRM

March 28, 2024

The COVID-19 pandemic reshaped the landscape of the financial services industry, prompting a reevaluation of traditional model risk management ...

Risk Resilience: 2024 Trends and Perspectives

February 16, 2024

In this podcast, Julie Muckleroy, Global Banking Strategist from SAS, and Abraham Izquierdo, Managing Director of Trading and Treasury Risks at Grupo ...

Continuity and Resilience: Lessons from 2023 into 2024

February 2, 2024

Geopolitical and other uncertainties are escalating third-party risks for all sectors. More robust and integrated stress and scenario testing become ...

Make Your Move with the FRM

December 12, 2023

The ability to make timely, informed, risk-based decisions is fundamental to the success of companies in every industry. Are you curious about how ...

Operational Risk Capital Proposal: Time to Hit the Pause Button

November 17, 2023

The so-called Basel III Endgame could lead to significant amendments in operational loss estimation at big banks.

5 Ways to Improve Model Risk Management

November 17, 2023

How risk assessment, data management, governance and AI can contribute to continuous improvement.

The Road to Better Model Risk Management

October 27, 2023

Firms new to the discipline have their work cut out as regulators bring attention and clarity to model risk. The experience of forward-thinking early ...

Management Liability: Four Ways to Reduce the Risk

September 15, 2023

The right preparatory steps can effectively insure against losses and benefit risk management overall

Risk-Based Decisioning in an Age of Uncertainty Part 2

September 6, 2023

In this podcast Zeynep Salman, Senior Business Solutions Manager at SAS, will explore the top trends and market practices for financial institutions ...

Risk-Based Decisioning in an Age of Uncertainty Part 1

August 23, 2023

Is it possible for financial institutions to offer on-demand, superior customer experiences while making risk decisions in near real-time in an ...

A Guide to PRA’s Model Risk Management Principles

August 1, 2023

UK-incorporated banks, building societies and investment firms that use internal models for capital calculations now face pressure to adhere to model ...

What to Know About U.S. Regulators’ Third-Party Risk Management Guidance

July 28, 2023

Defining expectations for risk-based approaches and governance, the agencies are “more prescriptive and clarifying” than in their 2021 proposal

Integrated Third-Party Risk Management: Collaborative, Coordinated and Continuous

July 14, 2023

Recent disruptive events underscore the importance of holistic, proactive approaches; vendor assessments and due diligence; and “every employee’s ...

The Suitability of Models in Today's Environment of Emerging Risks

July 13, 2023

Model failures in recent times have called into question the effectiveness of the methodologies currently used by many banks, particularly for credit ...

How to Better Manage Fraud in a Post-Pandemic World

July 7, 2023

In the wake of the COVID-19 crisis, internal fraud is on the rise at banks – but there are strategies they can employ to minimize this risk.

Crisis Risk and Risk Management

May 17, 2023

Firms that use data to account for interactions between risks can more accurately forecast crises – but some types remain unpredictable. René M. ...

Risk Management’s Latest Trial by Crisis

May 12, 2023

Hear veteran risk manager, advisor and professor Clifford Rossi’s perspective on recent turmoil in the banking system, on where risk management fell ...

Lying with Statistics: How Risk Model Selection Contributed to SVB’s Downfall

April 21, 2023

Just how easy is it to manipulate data in a model to suit the preferences of an individual or of bank management? Flaws in the current model ...

Stress-Testing the Supply Chain for Risk Resiliency

March 31, 2023

An investment-like portfolio management approach, enhanced by real-time ecosystem data sharing

A Defense of Empirical Risk Management

February 24, 2023

Traditional credit risk models have recently come under heavy fire. But there is still value in learning from history, even while modifications are ...

Continuing Complications in Supply-Chain and Third-Party Risks

February 24, 2023

Rapid responses and resilience are essential amid economic and geopolitical disruptions and regulatory challenges

Model Risk Management Challenges and Opportunities in a Volatile World: A Q&A with Evan Sekeris

January 20, 2023

In uncertain times marked by rare and extreme events, the obstacles facing risk modelers are steep. But aspiring and early-career FRMs with an ...

Reducing Operational Risk with Systems Engineering

January 13, 2023

What are the underlying problems behind the operational failures that have plagued large banks? Should they consider a systems engineering approach ...

The Stagnation of Stress Testing: Causes … and Potential Solutions

November 18, 2022

An overreliance on scenarios can limit the effectiveness of stress tests. Why is excessive dependence on scenarios problematic, and, with a recession ...

Operational Resilience Through Supply Chain and Business Process Mapping

November 11, 2022

A discipline for navigating the complexities of concurrent and cascading crises

Financial Infrastructure at a Systemic Crossroads

August 19, 2022

Disruption is the enemy, business continuity is the mission, and operational resilience and uptime are strategic imperatives for risk professionals ...

Scenario Analysis: Assessing the Quality of the Journey

July 29, 2022

Model Risk Management Lessons Learned: Tracing Issues from the Pandemic to the Great Recession

July 8, 2022

CRO Takes a Plea in Archegos Case

May 20, 2022

Robust Estimation of Loss Models in the Insurance Industry

May 5, 2022

Comprehensive loss models are important for all financial services firms, but particularly for insurers. Chudamani Poudyal and Vytaras Brazauskas ...

Rethinking Business Models from the Perspective of ESG

March 17, 2022

Forward-looking financial institutions are adapting their methodologies to account for environmental, social and governance issues. Enrico Guarnerio ...

The Art of Running Model Validation in a Bank

March 10, 2022

Financial institutions are under increasing regulatory pressure to implement robust model validation. Subrahmanyam Oruganti and Surabhi Kashyap ...

Political Risk Management

February 17, 2022

The COVID-19 pandemic and social unrest have shined a corporate spotlight on political risk. Omari Scott Simmons explains how businesses can use ...

Assessing ESG Risks for Businesses in the COVID-19 Era

February 3, 2022

Business operations, supply chains and economies around the globe have been disrupted by the pandemic. Paul Hirose and T. Markus Funk discuss the ...

Modeling and Forecasting the CBOE Volatility Index

August 19, 2021

Predictions of future price variability are needed to measure the risk of a portfolio and to value financial instruments. Giuseppe Corvasce examines ...

The Potential Impact of ESG on Tail Risk

June 10, 2021

Environmental, social and governance (ESG) trading activity has become a staple of financial markets, but whether ESG scores convey information ...

Modeling Extreme Events

March 25, 2021

What factors should financial institutions consider when forecasting and analyzing rare tail-risk incidents? Bernd Schwaab, Andre Lucas and Xin Zhang ...

From Respond to Re-imagine - PART 2

December 10, 2020

From Respond to Re-imagine – PART 2: Charting the journey forward for banking and risk management In this episode, we continue our circle back with ...

From Respond to Re-imagine - PART 1:

December 1, 2020

In this episode, we circle back with Naeem Siddiqi, Senior Advisor, Risk and Quantitative Solutions, SAS, to explore the effects of COVID-19 on banks ...

COVID-19 and Disruption in Electricity Markets

November 10, 2020

COVID-19 has resulted in significant decreases in demand for electricity, primarily due social distancing and quarantine policies. Glen Swindle, ...

How COVID-19 Has Changed the Audit Landscape

October 5, 2020

The pandemic has certainly had a significant impact on the third line of defense in risk management, presenting audit with significant challenges in ...

COVID-19: Implications for Banks

August 10, 2020

Clearly, the impacts of COVID-19 on banks globally are unprecedented and requiring huge pivots in a short time. Join us on this podcast where our ...

ESG in a COVID-19 World: The Risks You Can't Ignore

June 22, 2020

Elena Philipova discusses how incorporating ESG factors can mitigate risk in a post-COVID-19 world. The COVID-19 pandemic underscores the importance ...

The Risks of Reopening

June 15, 2020

Shutting down the global economy in the age of Covid-19 was tough. Reopening is proving even harder. How should organizations continue operating in ...

How Hong Kong is Fighting the Pandemic

June 1, 2020

The effects of COVID-19 spread to virtually every aspect of Hong Kong’s economy, impacting operational, credit and market risks at all types of ...

COVID-19’s Impact on the Leveraged Loan Markets

May 18, 2020

The current pandemic is having an enormous impact on the leveraged loan markets which until recently were priced to perfection. Bid-Ask spreads have ...

What is a Model? And other thoughts with Sonia Sodhi

June 18, 2019

We spoke with Model Risk Management expert Sonia Sodhi at the SAS Global Forum on What is a Model? and more. To view Sonia's slides and audio and all ...

The Crisis and Its Lessons, Relearned

December 19, 2018

Risk managers’ role “involves two related but fundamentally different tasks,” David M. Rowe writes in An Insider’s Guide to Risk Management. Rowe ...

The State of Financial Crime

January 19, 2018

In this episode, Steve Beattie, Principal and Global Financial Crime Operations and Advisory Leader at EY, joins GARP Editor in Chief Jeff Kutler for ...

Russia’s Involvement in U.S. Political Hacks

October 13, 2017

Jack Tomarchio (former Principal Deputy Under Secretary for Intelligence and Analysis, Department of Homeland Security) shares his invaluable ...