Industry Perspectives on Risk Management
The purpose of this weblog is to provide readers with insightful posts on various areas of risk management. The content focuses mainly on the financial services industry and will occasionally include interviews of people in the risk management field (e.g. CROs, Heads of Risk, etc.).
January 16, 2013
Highlights from PRMIA Chapter Meeting - Big Data
November 24, 2012
Reputation is Expensive
I have recently conducted a survey to gauge views around which risk is more costly to a firm if completely ignored. Although none of the risk types should be completely ignored, it was interesting to find out what people would choose. The choices that were provided were: a) market risk, b) credit risk, c) operational risk, d) reputation risk, and e) liquidity risk. Interestingly, the results of the survey showed that the majority of people (54%) who responded to the survey voted for reputation risk.
November 12, 2012
About Kseniya (Kate) Strachnyi
KSENIYA (KATE) STRACHNYI is a Senior Consultant focused on risk management, governance, and regulatory response solutions for financial services institutions. Her areas of expertise include governance frameworks, enterprise risk management programs, ICAAP, compliance risk management, Basel II/III, and the Dodd-Frank Act. Additionally, Kate is PRMIA's Speaker Coordinator for all chapters in the Americas.