Operational risk is a sprawling, difficult and highly technical field, as many of the speakers and attendees at Financial Technologies Forum’s recent OpRisk NY event can attest. But one area that often gets overlooked amid the jumble of complex models and bureaucratic red tape of OpRisk at larger firms, is how alternative asset managers apply… Read More >>
Cyber-Attacks Force Firms to Prepare for the Worst
The number of detected cyber-security incidents across the financial sector rose 8 percent from 2013 to 20414, and the total cost of those incidents has jumped by 24 percent according to a new report by PriceWaterhouseCoopers (PwC). But, over that time, total spending by Information Security (InfoSec) departments at larger financial services firms is up… Read More >>
