Recent News
LPPI Establishes KDKE Indonesia Loss Data Consortium with RiskBusiness’ assistanceDocumentation: Press Release 21092012 KDKE Indonesia established.pdfPosted: 21 September 2012At the Seminar on the Establishment of External Loss Data Consortium (KDKE) held by Bank Indonesia (BI) in Jakarta on 29 March 2012 and attended by representatives of all of Indonesia’s banking community, Dr Wimboh Santoso, Director of Banking Research and Regulation at Bank Indonesia, announced that Bank Indonesia wished all Indonesian banks to participate in a loss data consortium to be facilitated by Lembaga Pengembangan Perbankan Indonesia (LPPI), the independent, not-for-profit banking development institute. Following from this, LPPI today announced the establishment of Konsorsium Data Kerugian Eksternal (KDKE) Indonesia, supported by classification, analysis, quality management and technology support from RiskBusiness, the leading service provider to operational risk data consortia. RiskBusiness releases real-time Risk Appetite ServiceDocumentation: Press Release 10072012 RiskBusiness releases real-time Risk Appetite Service.pdfPosted: 10 July 2012RiskBusiness, the leading provider of proprietary risk content, information and data services to the financial services industry, today announced the release of its SaaS-based, real-time Risk Appetite Service. Over 175 of the world’s banks, insurers, broker-dealers, hedge funds, asset managers and other financial services institutions in over 30 countries, have been using RiskBusiness’ risk content, tools, information, data and advisory and education products and services over the past 10 years.
The Risk Appetite Service allows a firm to select a wide range of data inputs, define aggregation and weighting criteria for the consolidation of this data, then, using the concept of an exposure profile, to define multiple risk appetite thresholds and accompanying alert triggers per exposure point. On an ongoing data basis, as the input data changes or increases, the exposure points are continuously recalculated and as soon as a trigger condition is breached, the relevant executives and risk managers can be alerted by email, instant message or mobile phone message. RiskBusiness extends footprint in Latin America and creates RiskBusiness Latin America through incorporation of ACMEConsultoraDocumentation: Press Release 22052012 RiskBusiness extends footprint in Latin America.pdfPosted: 22 May 2012RiskBusiness International Limited, the leading international operational and enterprise risk advisory firm, announced today that it has expanded its global footprint by incorporating ACMEConsultora, a risk management advisory firm delivering business advisory services in all the Latin American region, into its global structure. ACMEConsultora will form the basis for the establishment of a new division, RiskBusiness Latin America, to address this growing and promising market.
RiskBusiness Latin America will provide risk advisory and education services and distribute related information, tools and content throughout the whole Latin American Region. Headquartered in Buenos Aires, Argentina, Alfredo B. Roisenzvit, CEO of ACMEConsultora, will become Executive Director of RiskBusiness Latin America. RiskBusiness to provide the KRI Library, Risk Taxonomy and related Risk Benchmarking services in SpanishPosted: 26 August 2009RiskBusiness and ACMEConsultora, a risk advisory firm specialising in consulting solutions for risk management, signed an agreement to offer the KRI Library, Risk Taxonomy and related content and data products in Spanish, serving the Latin American Region and Spain. The KRI Library and the Libraries of the Risk Taxonomy (standard business functions/processes, detailed risk types, control types, causal types etc) will be available in Spanish in a rolling program of translation, starting in the fourth quarter of 2009.
More information on the exact timing of releases will be published in due course. Based on the success of this roll out, other language options may be offered in 2010.
For additional details please contact Jonathan Davies at jonathan.davies@riskbusiness.com or Alfredo B Roisenzvit, of ACMEConsultora, at alfredo@acmeconsultora.com
