Operational risk

Stardog Announces Matt Lucas as New Field CTO for Financial Services

Retrieved on:

Tuesday, March 12, 2024

Operational risk, Risk, Financial services, KYC, AI, IBM, Insurance, Morgan Stanley, Fraud, GameChanger, Audit

ORLANDO, Fla., March 12, 2024 (GLOBE NEWSWIRE) -- Stardog, the enterprise data and AI company, today announced the appointment of Matt Lucas as Field CTO for Financial Services.

Key Points:

ORLANDO, Fla., March 12, 2024 (GLOBE NEWSWIRE) -- Stardog, the enterprise data and AI company, today announced the appointment of Matt Lucas as Field CTO for Financial Services.
Lucas, who has nearly two decades of experience leading technology implementation at public and private businesses, will be tasked with leading Stardog’s push into the financial services industry.
Prior to Morgan Stanley, Lucas spent time at IBM where he was responsible for providing financial services and insurance clients with strategic direction on risk technology solutions.
“We’re excited to have Matt join Stardog and lead our Financial Services team,” said Kendall Clark, founder and CEO of Stardog.

Group 1001 Announces Two Vice President Technology Hires

Retrieved on:

Tuesday, February 27, 2024

Group 1001, a leading financial services company, announced the addition of Tricia Borcherding as Vice President, Technology Governance and Walter Hjelmar as Vice President, Platforms and Cloud.

Key Points:

Group 1001, a leading financial services company, announced the addition of Tricia Borcherding as Vice President, Technology Governance and Walter Hjelmar as Vice President, Platforms and Cloud.
In the role of Vice President, Technology Governance, Borcherding will shape and oversee governance processes, technology controls and compliance, technology finance, and vendor management.
She has held several other leadership roles at CNO Financial Group including Vice President of Operational Risk and Performance Management, Vice President of Enterprise Risk Management, and Vice President of Internal Audit.
“I am honored to join Group 1001 as Vice President, Platforms and Cloud,” said Hjelmar.

HF Sinclair Corporation Announces Changes to Its Board of Directors

Retrieved on:

Wednesday, February 14, 2024

Oil, Gas, Energy, BP, Fertilizer, DINO, Biophysical environment, Project, HF Sinclair, Incitec Pivot, HF, Head, Operational risk, Management

HF Sinclair Corporation (NYSE:DINO) (“HF Sinclair”) announced that its Board of Directors (the “Board”) appointed Jeanne M. Johns as an independent director to the Board, effective February 13, 2024.

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HF Sinclair Corporation (NYSE:DINO) (“HF Sinclair”) announced that its Board of Directors (the “Board”) appointed Jeanne M. Johns as an independent director to the Board, effective February 13, 2024.
This appointment increases the size of the Board to thirteen directors and increases the number of independent directors on the Board from ten to eleven.
“Jeanne is an accomplished business leader, she brings strong executive and industry experience and expertise to the HF Sinclair Board.
We look forward to her contributions to our Board and HF Sinclair,” said Franklin Myers, Chairperson of the Board.

OSFI releases final Integrity and Security Guideline

Retrieved on:

Wednesday, January 31, 2024

Senior management, Guideline, Superintendent, C-47, OSFI, Royal assent, Check (chess), Trust, Financial institution, Integrity, Operational risk, Risk management

OTTAWA, ON, Jan. 31, 2024 /CNW/ - Today, the Office of the Superintendent of Financial Institutions (OSFI) is releasing its final Integrity and Security Guideline .

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OTTAWA, ON, Jan. 31, 2024 /CNW/ - Today, the Office of the Superintendent of Financial Institutions (OSFI) is releasing its final Integrity and Security Guideline .
Contained within our integrity and security guideline are specific, practical measures that we expect financial institutions to implement for their protection.
Though much work remains, this guideline serves as an important, initial step towards enhancing integrity and security in the financial system."
The Integrity and Security Guideline is complemented by OSFI's existing guidance and tools, including draft Guideline E–21 ( Operational Resilience and Operational Risk Management ), Guideline B–10 ( Third-Party Risk Management ), Guideline B-13 ( Technology and Cyber Risk Management ), Guideline E-17 ( Background Checks on Directors and Senior Management of FREs ), the Technology and Cyber Security Incident Reporting Advisory and the Cyber Security Self-Assessment tool, among others.

Contrast Security Champions Data Privacy Week 2024

Retrieved on:

Monday, January 22, 2024

Family, LOS, Privacy, Information, Social media, Collection, Trust, Pew Research Center, Risk, Application security, Publishing, Disclosure, Pew, Organization, Operational risk, Communication

LOS ALTOS, Calif., Jan. 22, 2024 /PRNewswire/ -- Contrast Security (Contrast), THE Runtime Security company and leader in modernized Application Security, today announced that it has signed on as a Data Privacy Week 2024 Champion for the third consecutive year. Data Privacy Week, which takes place from January 21 – 27, is an international effort to empower individuals and businesses to respect privacy, safeguard data and enable trust.

Key Points:

LOS ALTOS, Calif., Jan. 22, 2024 /PRNewswire/ -- Contrast Security (Contrast), THE Runtime Security company and leader in modernized Application Security, today announced that it has signed on as a Data Privacy Week 2024 Champion for the third consecutive year.
Data Privacy Week , which takes place from January 21 – 27, is an international effort to empower individuals and businesses to respect privacy, safeguard data and enable trust.
The goal of Data Privacy Week is to spread awareness about online privacy among individuals and organizations.
In honor of Data Privacy Week, Contrast will be publishing some helpful blog posts, including Contrast Data Privacy Manager Jen Amaral's guide to becoming a data privacy snob and a collection of cybersecurity best practices for safeguarding sensitive data.

Octane Announces the Transition of Ray Duggins to Advisory Role, Appoints Mark Molnar as Chief Risk Officer

Retrieved on:

Thursday, January 11, 2024

Entrepreneurship, American Express, PayPal, Standard, KBRA, Bank One Corporation, Citigroup, Chase, GE Capital, Consumer, Standard Chartered, Credit risk, Operational risk, S&P, SVP, Growth

NEW YORK, Jan. 11, 2024 /PRNewswire/ -- Octane® (Octane Lending, Inc.®), the fintech revolutionizing the buying experience for major recreational purchases, announced that it has appointed Mark Molnar as Chief Risk Officer. Molnar succeeds Ray Duggins, who has decided to transition to the role of Company Advisor after an illustrious forty-five-year career, the last seven of which he spent leading the Risk function at Octane.

Key Points:

NEW YORK, Jan. 11, 2024 /PRNewswire/ -- Octane ® (Octane Lending, Inc.®), the fintech revolutionizing the buying experience for major recreational purchases, announced that it has appointed Mark Molnar as Chief Risk Officer.
Molnar succeeds Ray Duggins, who has decided to transition to the role of Company Advisor after an illustrious forty-five-year career, the last seven of which he spent leading the Risk function at Octane.
Under Duggins' leadership, Octane launched its in-house lender, Roadrunner Financial ®, its in-house servicing arm, Roadrunner Account Services , and its innovative, proprietary risk model.
As Chief Risk Officer, Molnar will oversee all facets of Risk at Octane, including Credit Risk, Enterprise Risk, Compliance, Collections Strategy, and Operating Efficiencies.

VelocityEHS Named a Leader for Carbon Management Software by Independent Analyst Firm

Retrieved on:

Friday, December 1, 2023

Carbon, GHG, Human factors and ergonomics, ESG, Environmental compliance, Climate, EHS, Process safety management, Operational risk, Velocity, Control, Safety, Renewable energy

CHICAGO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- VelocityEHS® , the global leader in enterprise EHS & ESG software solutions, announced that it has once again been named a Leader by the London-based independent analyst firm Verdantix in its second Green Quadrant (GQ) for Enterprise Carbon Management Software.

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CHICAGO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- VelocityEHS® , the global leader in enterprise EHS & ESG software solutions, announced that it has once again been named a Leader by the London-based independent analyst firm Verdantix in its second Green Quadrant (GQ) for Enterprise Carbon Management Software.
Carbon Management is a critical component of ESG reporting , and here Velocity delivers the financial-grade reporting on GHG emissions and energy usage required by regulators and investors alike.
Velocity’s best-in-class carbon management and reporting capabilities gives every company the opportunity to secure a seat at the table.”
According to the Verdantix, Green Quadrant: Enterprise Carbon Management Report (November 30, 2023), Velocity is, “well-suited for mid-market industrial buyers seeking unified management across carbon management, ESG and EHS management as the firm has a network of solutions offering customers increased flexibility.”
In addition to the Carbon Management GQ, Velocity has been named a leader in recent Verdantix Green Quadrant Reports for ESG, Process Safety Management, and EHS for enterprise and mid-market companies.
For more information about VelocityEHS and its complete award-winning software solutions, visit www.EHS.com .

VelocityEHS Repeats as a Leader in New Process Safety Management Green Quadrant Report

Retrieved on:

Monday, November 20, 2023

Carbon, MOC, AI, Sasol, PSM, Human factors and ergonomics, ESG, Climate, Environmental compliance, EHS, Process safety management, Operational risk, Machine learning, Velocity, Control, Safety

CHICAGO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- VelocityEHS® , the global leader in enterprise EHS & ESG software solutions, announced that it has once again been named a Leader by the London-based independent analyst firm Verdantix in its second Green Quadrant (GQ) for Process Safety Management (PSM) Software.

Key Points:

CHICAGO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- VelocityEHS® , the global leader in enterprise EHS & ESG software solutions, announced that it has once again been named a Leader by the London-based independent analyst firm Verdantix in its second Green Quadrant (GQ) for Process Safety Management (PSM) Software.
PSM is one of the many capabilities of the award-winning VelocityEHS Accelerate® Platform .
“Process Safety Management is a massive responsibility.
In addition to the PSM GQ, Velocity has been named a leader in recent Verdantix Green Quadrant Reports for ESG, Carbon Management, EHS, and EHS specifically for mid-market companies.

Comerica Incorporated Names Brian Goldman Chief Risk Officer

Retrieved on:

Thursday, November 9, 2023

DALLAS, Nov. 9, 2023 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) today announced that Brian Goldman has been named Senior Executive Vice President and Chief Risk Officer, effective Dec. 4, 2023. Goldman will succeed Jay Oberg, Senior Executive Vice President and Chief Risk Officer, who is expected to retire in December 2024, following more than 32 years with Comerica. Oberg will remain a senior executive vice president at Comerica until his retirement.

Key Points:

DALLAS, Nov. 9, 2023 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) today announced that Brian Goldman has been named Senior Executive Vice President and Chief Risk Officer, effective Dec. 4, 2023.
Goldman will succeed Jay Oberg, Senior Executive Vice President and Chief Risk Officer, who is expected to retire in December 2024, following more than 32 years with Comerica.
As Chief Risk Officer, Goldman will report directly to Comerica Chairman, President and Chief Executive Officer Curt Farmer, as well as to the Enterprise Risk Committee of the Comerica Incorporated Board of Directors.
Goldman was previously the Chief Risk Officer for the Operations Division before serving as Head of Enterprise Risk Management where he established the organization's Enterprise Risk Management framework.

VelocityEHS Awarded Two Patents for Pioneering Use of AI + Machine Learning for EHS & ESG

Retrieved on:

Thursday, October 26, 2023

The patents demonstrate the company’s leadership in developing EHS & ESG technology to drive operational excellence.

Key Points:

The patents demonstrate the company’s leadership in developing EHS & ESG technology to drive operational excellence.
Harvesting this data manually is too costly and error-prone for many organizations, meaning they operate without visibility into their full chemical exposure.
“For companies serious about safety, sustainability and resilience, these real-world AI applications of ML and NLP bring immediate value.
On the VelocityEHS Accelerate® Platform, they have the potential to impact the wellbeing of millions of workers,” said Dr. Julia Penfield, Associate Vice President of Machine Learning.