NASDAQ OMX’s BWise to Present at OpRisk Europe 2014
Effectively managing conduct risk and conduct risk reporting to be presented to the largest gathering of
operational risk professionals in Europe
London, May 27, 2014 – NASDAQ OMX’s BWise, the leading provider of enterprise Governance, Risk Management and Compliance (eGRC) software, announced today that Luc Brandts, CTO and Founder, will address the 16th Annual OpRisk Europe conference in London on June 10, 2014. Brandts will present the BWise view on effectively managing conduct risk and why conduct risk reporting should be an integral part of an eGRC program.
Along with an examination of best practices and a review of the practical experiences of BWise customers who have deployed its Risk Management solution, his discussion will focus on:
- Understanding the conduct risk inherent in your business model
- Managing conduct risk effectively
- Reporting your business conduct risk status to key stakeholders
- Managing key conduct risk indicators
”All in all, conduct risk management is an exceedingly broad concept and should not be confused with other singular risks or risk categories,” stated Mr. Brandts. “It requires planning and careful implementation, similar to any other governance, risk management and compliance journey“.
European regulators demand that financial institutions adequately identify and mitigate operational risks. Regulators will continue focus on conduct risk, namely, how financial services firms are managed and structured so that every decision they make is in the best interest of their customers. These risks have always existed in financial services; however due to unprecedented large losses suffered in recent years, the importance of the operational risk discipline has been magnified.
The OpRisk Europe conference will include presentation streams on conduct risk, new approaches to operational risk management and emerging risks. This two-day conference conference will also feature an exhibit hall where attendees can visit the NASDAQ OMX BWise booth and get a demonstration of the Risk solution as well as speak to NASDAQ OMX BWise representatives.
To register for the conference, please visit the OpRisk Europe website.