The Microsoft Worldwide Partner Conference (WPC) will take place this year from July 10-14, 2011 in Los Angeles, California at the Los Angeles Convention Center [i] . WPC is an annual gathering for the Microsoft partner community to meet top Microsoft...

Microsoft has an extensive ecosystem of ISVs and systems integration partners with offerings in the governance, risk management and compliance space. The following is a listing of some recent white papers, articles and other materials authored by Microsoft...

With Microsoft making a big bet on its Azure Cloud based services, the impact and implications for Governance, Risk & Compliance (GRC) space makes for a very interesting case. I will share some interesting industry patterns around GRC on an ongoing...

New Liquidity risk frameworks as well as Stress tests were in my top 10 list for 2011. Many leading regulators with UK FSA being the first, have issued new guidelines on this globally. Whilst some banks still await the expected convergence with Basel...

In the last few months, many new regulations have been introduced impacting all major markets. They include the Dodd Frank reform in the USA, Liquidity Risk in the UK and Basel III in the EU and globally. Based on the changing risk and regulatory landscape...

Microsoft has an extensive ecosystem of software and systems integration partners with offerings in the governance, risk management and compliance space [i] . The three areas of governance, risk management and compliance intersect to a certain extent...

In my previous blog, I broadly covered the release of the “Future State of Risk 2010” survey which was commissioned jointly by PRMIA.org and Microsoft. In addition, I briefly covered the summary in a webinar last week to over 120 professionals...

On the eve of heading off on vacation, I decided to post on some developments that have occurred post-passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act: A. M. Best announces it will not permit its ratings of insurance companies...

Today, September 8, 2010, PRMIA (Professional Risk Managers International Association) and Microsoft jointly released a 2010 survey on global trends and industry views of the future of risk management and compliance. The survey provides a benchmark to...

My June 29 th blog posting on this topic noted the Dodd-Frank legislation authorizes the SEC to issue rules granting shareholder access to management’s proxy statement for the purpose of nominating directors to the board. On August 25, 2010, the...

I have been following emerging risk management regulations in the insurance industry with great interest. The two major Insurance Risk and Prudential regulations on the horizon with global impact are: 1. Solvency II in Europe 2. US Insurance...

If you can imagine Wall Street as an Old West Dodge City and the U. S. Securities & Exchange Commission as the local marshal, “wanted” signs are being figuratively nailed up for U. S. public companies and a new class of whistleblower “bounty...

Let’s start learning LR, LCR, NSFR, Capital Surcharge, Gone Concern! A mouthful isn’t it? Well, Basel III is coming our way sooner than expected! The much awaited (do I hear a groan?!) Basel III regulation is getting its final touches...

Microsoft Surface ® is a table-top computer that responds to natural hand movements and tag-enabled objects, with four unique capabilities: (a) direct interaction (users can interact with content on-screen by touch and gesture), (b) multi-user experience...

Last year, the European Union was exploring a Systemic Risk Council to better manage risks. A small, but significant step towards a consolidated EU Systemic Risk management is the recent round of Stress Tests in EU. As we know, the American banks underwent...

Now that the Restoring American Financial Stability Act of 2010 (the Dodd-Frank legislation or “the Act”) is about to be enacted into law, the question is: what happens next? At a length of approximately 2,300 pages, one might assume the Act...

Irving Olds, Chairman of U.S. Steel from 1940-1952, once opened a speech by declaring, "Directors are like the parsley on fish – decorative but useless.” The perceived importance of directors has changed radically since the time of that speech...

The continued wave of Systemic Risks in Greece and now increasingly Spain, the environmental disaster threaten to shatter the relative financial and economic calm in the business world. Amidst this many countries are undergoing some major changes in the...

On April 7, 2010, the United States Sentencing Commission [i] voted to modify the U. S. Federal Sentencing Guidelines' standards for what constitutes an “effective compliance and ethics program” [ii] . The Sentencing Guidelines are consulted...

I am a keen follower of the Australian regulator APRA that in my mind certainly ranks amongst the thought leaders in regulatory thinking. APRA has been at the forefront of many new regulatory concepts and pro-active adoption. Its current focus is on 3...

Although governance, risk management and compliance laws and regulations may vary greatly depending on the jurisdiction, issuing authority, regulator and target industry, there appear to be certain common GRC issues that can be used to group mandates...

There is increased speculation against euro over concerns of euro zone sovereign debt levels triggered by the Greek debt refinancing crisis. The euro has already hit a four year low of $1.2209. As expected and predicted in one of my earlier blogs, this...

The Health Information Technology for Economic and Clinical Health (HITECH) Act [i] , signed into law on February 17, 2009, is designed to promote the adoption and meaningful use of health information technology. Subtitle D of the HITECH Act strengthens...

The explosion in information channels, and increasing use of Web 2.0 and social media poses new challenges. Financial regulations are trying to keep pace – Social Media compliance, eDiscovery, content protection, acceptable use policies, logging and archiving...

On April 21, 2010, I participated as a speaker at the Open Text Content Day, which was held at the Marriott Marquis Hotel in New York City (i). Open Text is one of Microsoft’s strategic partners in the enterprise content management space(ii). Speakers...