Risk Information Services

RiskBusiness offers infrastructure and operational capabilities to clients and client associations, to support a range of secure benchmarking and data comparison functions, both internally and across firms. These services may be applied in connection with loss data, KRIs, credit exposure, and/or other metrics.

Newsflash Service

Virtually every minute of the day somewhere in the world, an operational risk event is taking place. Some events have significant consequences for the firms involved, others pass by without any significant impact at all. RiskBusiness' Newsflash Service scours the world for interesting and informative events, classifying each event against an appropriate operational risk taxonomy and then publishing the events for information and consideration by subscribers. Covering all areas of banking, asset management, insurance and many areas in non-financial services, users can create customised e-mail notifications about newsflashes in areas of specific interest and concern. Relevant newsflashes can be viewed on an interactive timeline, can be downloaded or sent via email link to other staff and are incorporated into scenarios in the Scenario Library. More...

Industry Risk Profile Service

Industry risk profiles are aggregations of industry participant perspectives of risk exposures, created using a standard structure to facilitate comparability. The profiles thus depict common areas of concern and can be used by individual firms to compare their own perceptions of risk exposure against those of the industry. More...

Loss Data Consortium Service

Using this service, a group of participating firms (regional or business peers) may form a consortium to share historic (loss) event data on a secure and anonymous basis. The service provides significant flexibility in specifying collection details and tracking parameters and employs industry leading technology to provide secure data collection. The Loss Data Consortium Service supports extensive data quality checks, data anonymisation and data-pool reporting. It also provides user management capabilities and streamlined consortium administration features for use by an appointed data custodian. More...

Reputational Barometer

The Reputational Barometer systematically gathers data from thousands of web pages, news sites and social media sources, both external and from within the firm itself. This content is filtered and analysed, identifying sentiment and classifying into meaningful categories and revealing how this is changing over time, while filtering out false-positives and irrelevant stories. More...

Benchmarking Service

Using this service, a group of participating firms may form a consortium to benchmark risk exposure values on a secure basis. The Service permits users to customise submission rules and parameters. It employs industry leading standards in secure data collection. The Benchmarking Service also supports extensive data quality checks, data anonymisation and data-pool reporting, with benchmarking of KRIs, scenario parameters, risk parameters, capital figures and any other comparable risk or exposure-related data. It also provides control capabilities and streamlined consortium management features for use by an appointed data custodian. More...

For additional information on RiskBusiness' Risk Information Services, click here to make an online enquiry, or email us on info@riskbusiness.com.