Thomson Reuters Wins Operational Risk Software Provider of the Year Award in Operational Risk and Regulation Awards 2013
(Thomson Reuters ONE) -
Noted for solution that enables clients to drive risk culture
London, 19 April, 2013 - Thomson Reuters, the world's leading source of
intelligent information for businesses and professionals, announced it has been
named as Operational Risk & Regulation's operational risk software provider of
the year in the Operational Risk and Regulation Awards, 2013.
Thomson Reuters was recognised for Accelus Risk Manager (ARM) a solution that
enables organisations to establish a framework for operational risk based on
their risk appetite, helping them to deliver an appropriate risk culture. ARM
captures information such as incidents, indicators, assessment responses and
scenario analysis data in a flexible and connected way. Risk managers can
analyse this risk intelligence through the lenses of their organisation's
various structures and reporting lines, so that both the cause and effect of 'a
risk' can be fully understood. Reporting - whether it is on-screen, ad-hoc, or
in a formal format - helps risk executives communicate their organisation's risk
position to the business, senior management and the board.
Accelus Risk Manager also empowers executives to actively manage risks across
the business, track the tasks others are expected to perform and report status
to key stakeholders. The information contained in ARM can be linked to key
deliverables in an organisation's risk appetite framework, enabling a holistic
approach to measuring and managing risk. Risk data housed in ARM powers the
solution's stress tests, Basel Advanced Measurement Approach (AMA) operational
risk capital modelling, Monte Carlo simulations and other forms of statistical
analysis to help executives better communicate with regulators and to understand
the challenges their business faces.
"Operational risk is now front-and-centre on regulators' agenda, but we are also
seeing many clients significantly enhancing their operational risk management
capabilities because they understand how this discipline can add significant
value to their businesses," said Mark Schlageter, managing director, Governance,
Risk & Compliance, Thomson Reuters. "Even more powerfully, clients are now
connecting their operational risk, audit, and compliance efforts to enable them
to better understand the challenges and complexity their organizations are
facing today. We continue to work closely with our clients to help them achieve
their GRC vision. We are extremely proud to receive this further recognition for
our work in the operational risk space."
The recognition comes on top of Thomson Reuters being named as a category leader
in the Chartis RiskTech Quadrant(TM) For Operational Risk Management Systems,
category leader in the Chartis RiskTech Quadrant(TM) for Enterprise Governance,
Risk and Compliance Systems and being positioned by Gartner, Inc. in its Leaders
Quadrant of the "Enterprise Governance, Risk and Compliance Platforms Magic
Quadrant.
The Operational Risk and Regulation Awards celebrate achievements in the area of
operational and regulatory risk management - and, for the first time this year
included not only operational risk practitioners, but also the service providers
and software suppliers who support them.
Thomson Reuters Accelus dynamically connects business transactions, strategy and
operations to the ever-changing regulatory environment, enabling firms to manage
business risk. A comprehensive platform supported by a range of applications and
trusted regulatory and risk intelligence data, Accelus brings together market-
leading solutions for governance, risk and compliance management, global
regulatory intelligence, financial crime, anti-bribery and corruption, enhanced
due diligence, training and e-learning, and board of director and disclosure
services.
Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for
businesses and professionals. We combine industry expertise with innovative
technology to deliver critical information to leading decision makers in the
financial and risk, legal, tax and accounting, intellectual property and science
and media markets, powered by the world's most trusted news organisation. With
headquarters in New York and major operations in London and Eagan, Minnesota,
Thomson Reuters employs approximately 60,000 people and operates in over 100
countries. Thomson Reuters shares are listed on the Toronto and New York Stock
Exchanges. For more information, go to http://thomsonreuters.com.
CONTACTS
Alan Duerden
PR Director, GRC & Marketplaces
+44 20 7542 0561
+44 7825282483
alan.duerden(at)thomsonreuters.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Thomson Reuters Corporation via Thomson Reuters ONE
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Unternehmensinformation / Kurzprofil:
Datum: 19.04.2013 - 13:00 Uhr
Sprache: Deutsch
News-ID 250868
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