Posts Tagged ‘banking’

« Older Entries
Newer Entries »

Risk Management Software in Financial Sector to Tackle the Recession

Wednesday, April 27th, 2011

Turbulent economy, shaky world order, the recent depression and not so commendable market events have highlighted the need for risk management solution in the financial sector. Management executives and board members should have an in depth understanding about the risks involved in this field and how it is managed without causing much harm to this zone. Various financial services provide solutions in order to improve the company’s investment process. To meet the various challenges put forward by the global recession, banks are fixated in improving the operational productivity, managing risks, compliance across various enterprises and competition in the market.

Financial misadventure is not a new phenomenon. But the extensive damage it causes is huge. As a result of this the credibility of the banking sector is lost and more and more people become less convincing about banking and insurance policies. People have no idea about how banks are going to control and regulate their money. Are there any collateral management solutions that ensure safety while availing loans from banks?

People have the right to know about such matters. As a result of this officials are becoming increasingly aware about various risk management software and the solutions that they provide in order to know in advance the risks and help bank officials to make smarter decisions that maximize value and reduce costs.

Financial institutions need to meet forthcoming regulatory requirements for risk management and capital. Bank managers need reliable risk management solution in order to direct the capital. The size of the potential loses should be estimated, so that the bank can stay within its limits. Banks need mechanisms to monitor positions and should create enticements for effective risk taking. Risk management software provides just that. They satisfy the needs by intensifying key risks and obtaining operational risk measures. Such risk management solutions will also help in monitoring the resulting risk positions.

When it comes to finance and banking the term risk may refer to reductions in firm value. Risk management solution therefore is aimed at improving the firm value and helps to manage exposure to risks especially credit risk and market risk. Market risk is the change in the net asset value. Various factors like interest rates, exchange rates and equity rates and commodity prices might influence market risk. Credit risk also involves change in net asset value but occur due to changes in the ability of the counter party. Such risk factors could cause huge economic damage to the banks.

Risk management software provides the precise banking solutions. They refurbish the bank executive’s knowledge about the types of risks and the efficient management of the risk. Effective banking solutions are provided by numerous financial services around the globe. Bloomberg, Sungard, Limit Trac, and Deal Hub are some of the Risk management solutions that provide the right kind of collateral management and banking solutions.

Measuring the amount of risk is time consuming. Therefore it is important that the banks know about the impending risks beforehand. Effective financial services help bank officials active reporting of the risk like credit risk, market risk and collateral management. For long time banks depended on traditional methods like scorings, ratings and credit committees for tackling risks. New age brings new risks. Therefore banks need advanced financial services to tackle them. To avoid these risks, calculated measures should be taken before the system rots.

Article Source: http://www.articlesbase.com/banking-articles/risk-management-software-in-financial-sector-to-tackle-the-recession-4679026.html

About the Author

Bank managers need reliable risk management solution in order to direct the capital. Risk management software provides the precise banking solutions. They refurbish the bank executive’s knowledge about the types of risks and the efficient management of the risk.

Tags:, , , , , , , , , ,
Posted in rssorange | No Comments »

Atlantic International Partnership Review – Disaster Could Show as Japan's Stepping Stone to Economic Development

Tuesday, April 26th, 2011

Here at AIP we appreciate that each and every individual investor is a uniquely complex person. It’s our belief in this that has led us develop a widely recognised innovative investment philosophy.  At AIP we believe that our methodology can significantly increase the success of our private clients investments.

A huge tsunami, a 9.0 magnitude earthquake, and a nuclear plant emitting radiation.

 

When some others feel it is seriously awesome to look at a 2012-like scene come about in true lifestyle, most will just appear you inside the eye like you’ve lost your brain and shake their heads in disgust. Consider this earthquake/tsunami happening in some other 3rd world nation, in the event you will. I doubt a creating will remain unscathed. But powerful earthquakes in Japan are nothing new that is why their buildings can stand up to the tremors – but what transpired that Friday afternoon was unprecedented.

 

The good news is, people today have this nature to bounce back rapidly, and wanting back with the background of Japan, it’s no surprise if they’d be up and running wonderful in only a couple of many years. They’ve already been by considerable trauma and destruction through the WWII, (and although it is entirely from a distinctive bring about), their recovery and re-emergence being a world strength deserves a salute.

 

As humanitarian aids and pledges of assistance came pouring days soon after the notorious March 11 (doesn’t it remind you of September 11?) the diploma of harm was unveiled: communities teeming with life had been reduced to a depressing rubble and spots close to the nuclear strength plant all of a sudden grew to become ghost towns as citizens fled to far sites in fear of radiation.

 

These are however living the nightmare of it but being the ever-resilient, disciplined and really civilized Japanese, it’s not very difficult for them to unite and rebuild their nation. (Had it took place to a different nation, you are able to wager on rampant looting and chaos as panic sets in; however the Japanese remained level-headed within the midst of it all.) Maybe that is why regardless of a lot of foreigners wanting to obtain out of Japan rapid, numerous made a decision to stay to assist inside the recovery and would not quit their job there.

 

Undeniably, one of the hardest hit sectors is their economic system. The market evidently suffered a sharp decline while in the height in the radiation concern nevertheless it returned on course around the following several days, albeit steadily.

 

Regardless of what took place to them while in the previous, Japan’s financial system seems to be heading to an additional economic bubble. There’s no doubt that 1000s of enterprises have been hit (instantly or indirectly) through the catastrophe. But shortly they will nonetheless should select up where they left off and begin anew.

 

Inspite of each of the challenges they deal with, Japan can nevertheless appear forward with aspiration. This just could possibly be the chance for his or her politics and financial state (which are both on the stalemate for many decades) to enter a long-overdue progress. The Bank of Japan is supplying to release a stimulus to finance the nation’s street to recovery.

 

With all of the building that could be heading all over while in the near long run, it could get started a growth while in the financial system as lots of individuals will probably be involved in the do the job. Providers will need much more employees to help keep up with the price they really should create a structure, for instance.

 

The truth is, a lot of traders are eyeing Japanese stock market place for any enormous probable to make earnings for them, from the extended run, which is. They are considering the long-term advantage of getting low cost stocks and waiting for the market to rise.

 

The stigma through the Chernobyl incident while in the previous may have triggered an overreaction on the rest of your globe. Constantly checking radiation amounts in their vicinity; advising citizens to pull out from Japan; and banning food products allegedly made up of large levels of radiation. But when the nuclear power plant challenge concluded, these are expected to flip close to.

 

Perhaps, we will count on the fact that Japan’s economic system can bounce back from tragedy and also its people. Then the Land of the Rising Sun can nonetheless look and feel forward to a lively trade.

 

Atlantic International Partnership (AIP) offers a comprehensive service giving you, AIP investors and entrepreneurs access to Marketplaces in your region and around the World.

AIP investors are uniquely dynamic individuals or groups of individuals. AIP investors invest their capital in new or early stage companies. We have found that AIP investors are not a source of capital alone but we have found them to make excellent mentors. As most AIP investors are in fact successful entrepreneurs or business people themselves we have found that they are able to offer entrepreneurs advice and helpful suggestions based on the experience that they have accumulated from their own businesses.

Article Source: http://www.articlesbase.com/banking-articles/atlantic-international-partnership-review-disaster-could-show-as-japans-stepping-stone-to-economic-development-4669873.html

About the Author

Here at AIP we appreciate that each and every individual investor is a uniquely complex person. It’s our belief in this that has led us develop a widely recognised innovative investment philosophy.  At AIP we believe that our methodology can significantly increase the success of our private clients investments.

Tags:, , , , , , , , , ,
Posted in rssorange | No Comments »

Why is There So Little Regulation in the U.S. Banking Industry?

Tuesday, April 26th, 2011

Why is There So Little Regulation in the U.S. Banking Industry?

When people think about the 2008 economic disaster, many wonder how such a thing could have happened. It was such blatant abuse of the system that it seemed improbably the banking industry could have gotten away with selling securities based on bad loans. It is true that the American banking system is highly regulated by government entities such as the FDIC, the Federal Reserve, and the Office of the Comptroller of the Currency. There are laws in place that detail what the banks can and cannot do with their consumer’s money. But just because there are laws and regulations in place does not mean they are enforced very well.

The first problem is that government cutbacks have reduced the staff in many of these regulatory offices. Some offices have been closed with staff being shuffled under a different supervisor from another governing body. However, less people only means a great work burden for the people who are left and, unfortunately, things fall through the cracks. Someone may complain that a bank is breaking the law but nothing gets done because the complaint is sitting underneath a large pile of other complaints and lawsuits.

Another reason banking regulations may have little effect on the behavior of banks is because the regulations, themselves, are always changing. This is most likely due to the government lobbying done on behalf of the banks. It is no secret that big corporations pay people to lobby government officials to change the laws in their favor. Banks are no exception. Although many well meaning politicians have put forth bills designed to address the problems and abuses that are rampant in the banking industry, they often face an uphill battle getting them approved because the people lobbying for the banks have managed to get enough people on their side to oppose the bill.

Lastly, banks pay for lawyers to find loopholes for them to do what it is they want to do. It is unfortunate but many of the regulations in place can be worked around with a little legalese. It is up to the American people to vote government officials into office who will close those loopholes and enact tougher legislation that actually prevents banks from causing crises like the one the world experienced in 2008. In the meantime, it is best to protect yourself by asking lots of questions and always reading every agreement before signing it so you know exactly what you are getting yourself into.

Oscar E. Diaz

Article Source: http://www.articlesbase.com/banking-articles/why-is-there-so-little-regulation-in-the-us-banking-industry-4672210.html

About the Author

????Oscar Diaz is a lawyer with more than 20 years of experience in Corporate, International and Tax Law.? He is licensed and admitted to practice law in Venezuela only. He was included as one of the “150 Best Lawyers in Latin America”, by Abogados LatinoAmerica, in 1999.

 

Tags:, , , , , , , , , ,
Posted in rssorange | No Comments »

Tourist exchange rates

Sunday, April 24th, 2011

Are you on a gap year? Have you been dreaming of your much-awaited vacation in Europe or Asia? Why not start planning now?

If you are already in the planning process, one of the things you must not forget is your budget. And since, you will be going to other countries and these countries are most likely using other currencies, you have to set a budget that is workable for the currency of your destination country. To stretch the value of your budget, you have to consider one of the things that most tourists take for granted – the tourist exchange rates.

Getting the best tourist exchange rates is one of the most vital component of your trip’s success. Why? Of course, it is expected that as a tourist you want to get the most out of your money and see more with less money. And to be able to do this, you have to scout for the best tourist exchange rates available in your destination country. You could say that the rates are the best ones if you could buy them at much cheaper rates. Naturally, if you buy the currency at a much cheaper rate, you could buy more of it.

Now, how do you actually scout for the best tourist exchange rates? What you have to do is research before your trip. The Internet is a very useful tool, so use it to search for the best tourist exchange rates in your destination country. Through online websites, you could also ask financial institutions about their rates for tourists, or it would be better to ask other tourists about their money exchanging experiences and which bank or financial institution gave them the best deals.

From most tourists’ recommendations, it could be said that CurrencyChange.eu offers one of the best tourist exchange rates worldwide. They are known for their effort to maximize the value of your money by giving you the best deals and for the protection they give their clients from the negative fluctuations of the forex rates. It is also good to consider their services because they accept money transfers from anywhere in the world, and they exchange up to 65 international currencies.

Another tip that could help tourists stretch the value of their budgeted money is to exchange money in bulk. Not only will this help you get better exchange rates, but it will also help you save on the fees charged by banks and other financial institutions for every transaction.

Follow these simple tips and have the time of your life during your much-awaited vacations.

Article Source: http://www.articlesbase.com/banking-articles/tourist-exchange-rates-4639979.html

About the Author

Currency Changeis a foreign exchange broker for private individuals and businesses to exchange money:0% commission on foreign exchange rates,saving you up to 5% of your capital on currency transactions compared to your local bank.You can visit currencychange.eu for a free quote and personal advice.

Tags:, , , , , , , , , ,
Posted in rssorange | No Comments »

« Older Entries
Newer Entries »