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 basis as i come across them. Today i start off with...

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 from Open Text at the Content Day included Richard...

Risk Managers are going to be busy with the fresh wave of stress testing requirements. Most financial institutions I have dealt with have an enterprise Risk EDW (datawarehouse) ranging a few terabytes (TB) to hundreds of terabytes for their banking book and/or trading book positions. Typically with the...

New York State is currently considering the creation by 2011 of a new insurance exchange. It would be based in New York City and would be designed to complement the existing Lloyd’s of London insurance exchange for the placement of reinsurance and insurance for complex risks usually covered under surplus...

As the global economic crisis rumbles on, financial firms of all kinds anticipate an overhaul of risk management and regulatory frameworks. I asked Microsoft’s global head of Financial Services, Susan Hauser, for her views: Sai: Susan, as the global head of Microsoft Financial Services, what has the...

Risk & Compliance Managers, Private Equity (PE) firms, Hedge Funds, Credits firms and Consumers, in the USA and global financial markets are going to remember this week for a long time to come due to the epic changes in the financial regulation and supervision. The latest US proposal on financial...

Approximately 68% of an enterprise’s corporate data is managed in IT Department-controlled applications and 32% is stored in key Microsoft Excel spreadsheets(1), Microsoft Access and other databases(2) , business intelligence tools (e.g., reporting tools), Microsoft Word and other forms of documents...