Managing Challenges in Bank Treasuries: Agility versus Fragility
Risk number 1 arises from the failure to effectively develop and apply appropriate standards, principles and practices for the recruitment, protection, development, retention and management of employees - The People Risk. Process Risk mainly arises from inadequate design, failure of, or obsolescence of business processes. Risk 3 deals with Systems, mainly the inadequate selection, development, physical protection and management of systems. Finally, External Events Risks result in damage to or loss of use of physical assets.
Needless to say, taking steps to mitigate these might prove to be highly beneficial to financial institutions. Also, few key questions merit serious deliberation - how can we stay flexible and agile in the way we run functions, and not just maximize efficiency and profitability but also have sufficient protection against uncertainties and shocks to the business?
I, along with Gerald Ashley, Managing Director of St. Mawgan & Co, shall be discussing in depth on how to manage challenges in bank treasuries: Agility versus Fragility - of Systems, People and Processes in a webinar scheduled for 14th April, 2010. The webinar will bring forth the latest thinking in uncertainty management and outlines the new risk tools likely to emerge in the next year or two. We will also highlight the challenges that bank treasurers have to face next.
Please click here to register to attend this complimentary webinar.
