You will see today the announcement that Vista Equity Partners and Thomson Reuters have signed an agreement where Vista has made a binding offer to buy the Thomson Reuters Trade and Risk Management Business. This is part of our ongoing strategy to re-direct investment and management focus away from trade and VaR (Value at Risk) assessment and concentrate on managing operational risk across the enterprise.
The financial crisis was not caused by a lack of sophisticated models; it was caused by poor controls. Our clients across financial services and all industries are looking to us to supply simple, but effective tools where risk can be assessed, managed and controlled across the enterprise, and reported back to the board in a transparent way.? This is exactly our focus; we already have a sophisticated risk management provision used by clients on the Enterprise GRC platform, and we are in the process of upgrading this capability ? more news will follow shortly.
Like this:
Be the first to like this post.
President, Governance Risk and Compliance - Thomson Reuters This entry was posted in GRC and tagged Business Risk, GRC, Risk management. Bookmark the permalink.lucy mississippi state football mississippi state football phillies phillies syracuse craigs list
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.