IRM Global Risk Awards 2013

We were invited to attend the IRM Global Risk Awards at the The Grand Connaught Rooms in London.

StratexSystems was one of the finalists for the IRM Global Risk Awards in the category of "Risk Management Service Provider of the Year".

List of a few Winners: 

Delivering value through risk management

Winner: Balfour Beatty Fleet Services – UK

Managing risk across boundaries

Winner: TRIDEC Project – Germany

Innovation through technology

Winner: Scottish Power and Amor Group – UK

Highly commended: London Borough of Ealing – UK

Risk management solution of the year

Winner: Zurich Risk Room – Switzerland

Highly commended: Active Risk Group – UK / International

Excellence in the face of adversity

Winner: KA Goalkeeping UK – UK

Building risk management capability

Joint winner: Dubai Electricity and Water Authority (DEWA) – Dubai

Joint winner:  Intel – USA

​Pictures of the night below!

Executive Breakfast Briefing Post Event!

We are happy to say that our Executive Breakfast Briefing: “Understanding the ERM Journey” was a success! Many thanks to all who attended and special thanks to our Keynote Speakers Kevin Pearce of Aldermore Bank and Gillian Weatherill of Homeloan Management Limited (HML) for coming to present their individual ERM Journey’s!

The event began with networking and drinks (tea & coffee) at the Mercer followed by breakfast. The presentations soon kicked off with Andrew Smarts’ Introduction along with introducing our key speakers Kevin and Gillian.

  • Presentations of the Event can be downloaded on our resources page HERE

  • Videos of the event will soon be up on our YouTube Channel. Please Subscribe to not miss out on tutorials, industry interviews, and events.

  • Pictures Below!

Visit our Blog and Events pages to keep up-to-date on future events, risk management Industry news, and thought leadership content!

Webinar Download: 'How to deliver an effective, robust risk framework while responding to regulatory action'

Following Part Two of our How To Webinar Series, please download/stream the recorded webinar, free of charge, by visiting: http://www.screencast.com/t/4nxvomaas72B

To register for Part Three ‘How to Lower your Operational Losses via improved Risk Management’ and/or Part Four ‘How To Leverage SharePoint for Risk Management’ visit: http://www.stratexsystems.com/how-to-series/

By registering, you will automatically receive a downloadable/stream-friendly version of the webinar, as well as access to the live session.

Part 4 – How to… Leverage SharePoint for Risk Management - 30 Nov '11

Do you need to deliver an effective strategy and risk management process?

Do you need to reduce operational losses and the cost of compliance?

Do you need to simplify your IT environment and eliminate ad hoc spreadsheets and systems?

Is it time to improve your Risk Management technology?

Join us for the last of four webinars in our “How to…” series – “How to Leverage SharePoint for Risk Management”

Register here

During this webinar, StratexSystems will:

  • Discuss some of the risk and regulatory challenges facing the financial services industry today
  • Discuss the role a sound methodology and robust technology can play in meeting risk and regulatory challenges today
  • Provide an overview of the StratexPoint GRC solution including outlining why it is the right solution for SharePoint users to adopt
  • Finally, we will provide a demonstration of how StratexPoint enables Strategy and Risk Management, including Strategy Mapping, Risk and Controls Assessment and the alignment of risk appetite to strategy

Details:

Wednesday, 30th November 2011. 16:00 GMT / 11:00 EST

Register here

Growing Importance of Operational Risk Management

Alongside the growth of Enterprise Risk Management, Operational Risk Management is a disciple which has emerged and raised up the management agenda as a result of operational and regulatory pressure. Basel 2 brought operational risk management to the forefront of the risk management agenda prior to the credit crunch. In the wake of the crisis, there is a renewed emphasis in operational risk management as organisations look to reduce operational losses and establish a 'no surprises' environment.

Operational Risk is all about the risk related to processes, systems and people. Managing these risks has the potential to create significant value for organisations, with operational losses often a costly item for many organisations. Additionally organisations are often forced to allocate capital to these risks by regulation. Therefore reducing the level of risk frees up capital for income generating activities.

Coupled with the implementation of a new risk management framework, significant business benefits are emerging.

· Defining key and emerging risks and map these using a risk map

· Defining processes and systems, and their related risks and controls

· Defining a set of Key Indicators, KPIs, KRIs and KCIs

· Assessing risks and controls related to the processes and systems

· Defining accountability for risks and controls to individuals

· Automating process and systems related risk and controls dashboards and reporting, while enabling advanced analytics

· Encouraging a collaborative approach to delivering performance via commentary, alerts and other web 2.0 collaboration capabilities