Discover our latest Insights, Articles, Reports, Videos and much more
CeFPro Newsletter | October 2019 | Issue 59


Top Stories
Inclusive of interviews, articles and reports on:
Multi-factor authentication | Emerging risks and innovation | Cyber security | Operational risk | Model risk | Liquidity risk | Climate change and more...

Written by senior practitioners from an array of organizations, including:
PineBridge Investments | BlueVine | Bordier & Cie UK | Quantstamp | ING | Capital One | US Bank | Credit Agricole | BNP Paribas | PNC | BMO Financial | Ameris Bank | Société Générale | Northern Trust.

Access your complimentary copy here

Thank you to everyone that took part in FinTech Leaders and our Non-Financial Risk Leaders 2020 Research! All who took part will receive a complimentary copy of the full report.

Didn't take part but want a copy? Then Sign-up for your copy of the FinTech Leaders Report, and/or, the Non-Financial Risk Leaders Report . The Reports address the critical challenges, and opportunities, in the FinTech and Non-Financial Risk sectors. Where are the greatest investment opportunities? Who are the leading vendors and solutions providers, as voted by over 2,000 end-users?
Building a legal vendor cyber risk management program (LVCRM) is no small undertaking but failing to do so opens you up to grave risk. Legal vendors face the same challenges as other third parties yet possess your most sensitive data. Creating a LVCRM program that adheres to the best practices outlined in this webinar will ensure that your legal department is validating that their trusted partners are secure.
The deadline is looming – and close to $400 trillion in loans are impacted. Banks are now facing the seemingly impossible tasks of identifying, reviewing, and updating millions of pages of contracts. Watch this webinar replay on how SS&C Intralinks’ virtual data room technology can help with LIBOR phase-out preparation, as well as the impending contract reviews and updates to the eventual new rate.
"I believe that the future lies in technology that will allow for more seamless transition of models from the development to the implementation and execution environments, with minimal manual interventions and other patches..."

Insights from
 Michael Jacobs, Lead Quantitative Analytics and Modeling Expert, PNC.


"I think there have been a healthy amount of discussion amongst firms in terms of CECL impact and firms have provided high level guidance on ECL ranges. We understand that this is the beginning of a process that will continue to evolve as analysts, firms and FASB analyse the impacts of CECL..."

Insights from
 Kuo-Chang Lu, Head of Strategic Planning and Business Engagement, RBC.


At Risk Americas 2019, we interviewed Aruna Joshi, SVP, Model Risk Management, Bank of the West. 
This interview provides us with insight on the key takeaways from Aruna's session: effective validation, model transparency, ensuring effective back testing, stress testing in models and more.

View the agenda for the upcoming
Risk Americas 2020 Convention now!


The Center for Financial Professionals conducted a webinar, ‘Fraud and financial crime - An insight into Blockchain’.

The webinar was led by:

Marc Johnson, Assistant Director, Bureau van Dijk, A Moody’s Analytics Company;
James (Jim) Stubbs, Former Managing Director, Deputy Global Head Anti-Money Laundering, CITI;
Sean O'Malley, Head of AML and Sanctions Risk Assessment, State Street;
Jake van der Laan, Director, Information Technology and Regulatory Informatics and Director Enforcement,  Financial and Consumer Services Commission.

If fraud and financial crime is something you would like to learn more about then register for Pre Agenda Rates for our next Fraud and Financial Crime USA Congress (March 25-26, 2020 | New York City).

The report builds on last year’s research and is an invaluable resource to benchmark your programs against your peers, drive investment conversations within your organization, and instill best practice approaches within your program. This report is available free of charge to participants and the wider third-party risk community to support education and benchmarking.

This report aims to provide an insight into the emerging best practices in managing third-party cyber risk, with a strong focus on: Tools | Technologies | Approaches | Budget and decision-making | Executive oversight | Future direction and more. In partnership with BitSight.

The 2019 FinTech Leaders Report established a new paradigm; expanding on the interrelationship of technology companies, financial services firms and financial services solution providers. Traditional business lines are blurring and this report provides some clarity to the uncertainty and confusion in the industry, establishing new definitions and segmentation of the industry, including 21 Category Rankings and the Top 50 Company Rankings…
Looking back at Risk Americas 2019

"Attendees can benefit in many ways; learn from peers about current activities or concerns, exchange ideas and develop connections as industry members."
VP, Model Risk Director, Alliance Bernstein

Interview: Model risk management in CECL

Presentation: The increasing risk of vendor and third parties and ensuring effective controls across lifecycle

Led by:
Nav VaidhyanathanGroup VP, Head of Model Validation and GovernanceM&T Bank.
Led by:
Joshua KotokChief Risk and Compliance OfficerFirst Savings.
November 5, 2019 | New York City

In conjunction with Stress Testing USA.

Register before October 25 with Early Bird Rate and save $200!
November 6-7, 2019 | New York City

Advancing stress testing to inform strategic decisions and align across regulatory initiatives.

Register before October 25 with Early Bird Rate and save up to $1,100!

November 8, 2019 | New York City

Assessing Progress, Modeling and Reporting Strategies for Effective Implementation.

Register before October 25 with Early Bird Rate and save $200!

March 25-26, 2019 | New York City

2019’s Congress explored the evolution of fraud, financial crime & AML threats and management in practice.

Register now with the Pre-Agenda Rate to save!

June 2-3, 2019 | New York City

The dates and location have been confirmed for the 2020 Congress, book your place now at the Pre-Agenda Rate!

For a full listing of our financial risk and regulation thought leadership please visit

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