Research and Markets: A Case Study of United Overseas Bank: Achieving Enterprise Risk Management

Research and Markets (http://www.researchandmarkets.com/research/15a428/achieving_enterpri) has announced the addition of the "Achieving Enterprise Risk Management: A Case Study of United Overseas Bank (Analyst Insight)" report to their offering.

This report will look at the challenges faced, and the strategies adopted in integrating risk disciplines across a fast growing organization across multiple geographies.

Scope

• This brief looks at the challenges to integrating risk management across the APAC region.

• This brief will examine success factors and the roadmap for further integration across the enterprise.

Highlights of this title

The key findings of the report draw out the challenges faced to implementing an enterprise risk management framework. Important lessons in terms of structure of the solution, and the phased nature of the project with the benefits realized at each stage.

Key reasons to purchase this title

• Gain insight into the actual challenges faced by banks in moving to an enterprise risk management framework.

• Understand the benefits of enterprise risk management and the business benefits that can be realized

Key Topics Covered:

• United Overseas Bank background

• The response to the financial crisis will require integrated risk management and reporting

• Departmental silos remain the key challenge to integrating risk reporting and analytics streams

• The regulatory response will require increased transparency of critical processes and enhanced reporting

• Increasing capital requirements will demand more sophisticated economic capital management

• UOB sought standardization in core systems to provide a basis for a risk platform solution

• A risk platform solution was chosen to enable UOB to create its own customized utilities

• The project has brought UOB transparency benefits and a framework for further integration

• An integrated view of risk allows the management of risk concentrations and external shocks

• Resulting risk-adjusted return capabilities enhanced transparency in pricing and profitability

• Integration of risk paves the way for the incorporation of finance data

• UOB will continue to evolve its operational risk capability

Conclusion

• Vendor recommendations

• The diversity of the region will demand modular functionality or the expertise to evolve existing solutions

• Vendors must demonstrate rapid business benefits combined with a roadmap for future development

• Vendors should target a wider range of stakeholders as risk management integrates with operations and finance

For more information visit http://www.researchandmarkets.com/research/15a428/achieving_enterpri

Source: Datamonitor