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Uncertainty Is All Around

Fpanda Club

Various types of uncertainty can be well illustrated by the so-called Rumsfeld matrix widely used in risk analysis and risk management. Unknown knowns These are risks we intentionally ignore and don’t want to acknowledge. In the well-built risk-management system this type of risks should not exist.

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Turning Currency Volatility Into A Global FX Strategy

PYMNTS

According to Frey, the current economic climate is particularly affected by sudden policy shifts that may not necessarily be rooted in sound economic fundamentals. This can expose companies to risk, explained Frey — even firms that may assume they are immune to currency fluctuations.

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FAIR, National Institute of Standards and Technology Come Together To Publish New Resource

PYMNTS

The FAIR Institute , a nonprofit aimed at developing standard information risk management practices, announced on Thursday (Aug. ” and “What activities matter the most and should be prioritized?”

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Supplier Risks And Confronting Supply Chain Unknowns

PYMNTS

. “Supplier risk and supply chain risk are very important factors in the procurement world; it’s a very topical subject right now,” he said. Many of GEP’s clients have supply chains connected to developing markets that are enduring their own growing pains and economic and social overhauls.

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A New Reality For Supplier Risk Management

PYMNTS

Supplier risk management is often a resource-intensive practice and rarely a target of technological investments. As a result, corporates will often let their vendor relationship management processes fall by the wayside. ” A Dramatic Shift. . ” A Dramatic Shift. The New Normal.

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Evergrande: Not So Grand Financial Statements?

CFA Institute

Risks can be known in advance. You just need to be curious enough.

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Reframing financial uncertainty with data and AI

Future CFO

You need constant monitoring of your economic outlook because then you can adjust your risk management strategy that will help you mitigate third-party risks." Everyone else in the company is trying to meet their KPIs, grab whatever they can find on the table, and pretty much have zero already got a risk, right? "I