Undertake risk and control self-assessment
Thomson Reuters Risk Management, a solution on our Connected Risk platform, utilizes a flexible assessment engine that takes into account the unique methodology of each individual client. The solution employs powerful data mapping capabilities to draw on many sources of data when completing risk management assessments. Benefit from tracking a full history of multiple risk profiles, while leveraging and integrating existing risk solutions to achieve an aggregated view of risk.
This risk management solution equips organizations with the tools needed to quickly identify, capture, manage and mitigate multiple sources of risk across an entire enterprise.
Manage your risk appetite and reporting
Risk appetites can be defined and tracked at any point within the data structure. This allows for a more dynamic view of the risk profile, recognizing the varying sensitivity to risk across functions and processes.
Any breach of risk tolerance is reportable, with associated alerting. All collated risk information is exposed through an integrated reporting engine that allows for the configuration of reports, charts, heat maps, etc. This, allied to powerful data mapping, allows for the creation of a tailored risk management solution to match the firm’s exact methodology and ethos.
Benefit from a flexible data model
This annual report covers our predictions for 2018; learn from our team of journalists at Thomson Reuters Regulatory Intelligence about what regulatory events will shape the year and how you can best stay prepared.
For financial services firms and their regulators much of 2017 was devoted to implementation programmes with the impending deadline for the Markets in Financial Instruments Directive II and associated Regulation (MiFID II/R). For the most part this came into effect on January 3, 2018
Connect internal and external information from disparate sources for a holistic view of the risks that matter to you.
Thomson Reuters Model Risk Management, a solution on our Connected Risk platform, drives model governance with a simple yet powerful workflow engine.