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Risk Management Services

Published by: Global Industry Analysts

Published: Oct. 1, 2009 - 72 Pages


Table of Contents


1.GLOBAL MARKET OVERVIEW

A Quick Primer

A Walk Down the Time Line

The Current Financial Crisis & Its Implications for Risk Management

Financial Institutions Come Under The Microscope

Implications for the Market

Pitfalls Highlighted by the Financial Meltdown of the Year 2008

Table 1: Causes Popularly Perceived as Triggerants of the Financial Crisis: Percentage Breakdown of the Perceived Level of Catalysis Played by Each Factor Under Analysis

The Changing Landscape of Risk Management: A Post Recession Review

Recession Chisels Out a Risk Management Culture

Importance of Risk Management: A Lesson Well Learnt

Risk Management Then

Risk Management Now

Companies Compelled to Take a Holistic Approach Towards Risk Management

Enterprise Risk Management: A Fall Out of the Holistic Approach Towards Risk

Rationale Underlying the Interest Surrounding ERM

ERM: Future Prospects

Evolution of Modern Day Risk Management Service Vendors

The Future

Risk Management Software: A Beneficiary of the Emerging Wariness Towards Risk

Operational Risk Management Software

Table 2: World Market for Operational Risk Management (ORM) Software: Annual Breakdown of Revenues for the Years 2007 through 2012

Credit Risk Management Software

Table 3: World Market for Credit Risk Management Systems: Annual Breakdown of Revenues for the Years 2008 through 2012

Banks: A Lucrative Target Market in the Short-to-Medium Term

Fears Over the Impact of the Recession Calmed

Noteworthy Market Trends In a Capsule

Islamic Finance: An Innovative Area for Risk Diversification

Operational Risk Management Gaining Value

Vendor Market Structure

Financial Crimes Risk Management Acquiring Priority

Disruptions in Delivery Schedules Puts the Lime Light On Vendor Risk Management

Business Continuity: An Important Aspect of Risk Management

Liquidity Risk Management: The Foundation of Comprehensive Risk Management

2.PRODUCT/SERVICE OVERVIEW

Defining Risk & “Risk Management”

Risk Management: The Rationale

Value Creation

Fostering Ethics

Ensuring Resilience

Nurturing Innovation

Benefits of Risk Management

Contributing to Overall Organizational Objectives

Establishing a Transparent and Reliable Corporate Governance Framework

Safeguarding from Unfavorable Variances and Disasters

Risk Handling Vs. Risk Management

Risk Control

Risk Financing

Categories Of Risks

Strategy/Execution Risks

Operational Risks

Financial Risks

Organizational Risks

Infrastructure Risks

Governance Risks

External Risks

Characteristics of The Risk Management Process

Holistic

Discriminating

Assertive

Target Driven

Delegative

Dialogue-oriented

The Risk Management Process

Setting up the Context

Identification

Description

Evaluation

Execution

Reporting and Communication

Approaches To Risk Management

Implementation

Experimental/Project Based

Policy Based

Functional Integration

Complete Immersion

3.STRATEGIC CORPORATE DEVELOPMENTS

4.PRODUCT/SERVICE LAUNCHES REGIONAL MARKET ANALYSIS

1.THE UNITED STATES

Market Overview

Risk Management Software Vendors Sense Opportunity in Current Crisis

Current Economic Crisis Exposes Businesses to Additional Risks

2.EUROPE

Market Overview

Table 4: Statistical Data Illustrating Changing Perceptions & Increased Importance of the Risk Management (RM) Process in European Companies: Percentage Breakdown of Companies, Which Believe Risk Management Should be Sponsored by the Top Management - Board of Directors, President/CEO, and Treasurer/CFO

Table 5: Percentage Breakdown of Countrywise Incidence of Companies Where the Risk Management Programs Report to the CFO as of the Year 2008

Focus on Select Regional Markets

Russia

Market Overview

Credit Risk Management in Consumer Finance Industry

The United Kingdom

Market Overview

BSI Introduces New Risk Management Standard

3.ASIA PACIFIC

Focus On Select Regional Markets

Japan

Market Overview

Australia

Risk Management in the Investment Management Industry

China

Risk Management and Insurance in China

India

Market Overview

An Opportunity for Indian Banking System

4.LATIN AMERICA

A Primer

Focus on Select Regional Markets

Brazil

Mexico


GLOBAL DIRECTORY

Abstract

The global outlook series on Risk Management Services provides a collection of market briefs, concise summaries and statistical anecdotes of research findings. The report offers a rudimentary overview of the industry with an on-the-fly focus on the impact of recession on risk management services. The report details trends such as, growing popularity of operational risk management, increased focus on vendor risk management and financial crimes risk management, and growing clamor over business continuity planning. The reader stands to gain macro-level insights into recent industry developments such as product launches, and noteworthy strategic corporate developments. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 195 major companies worldwide.

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