Tag Archives: risk management

Wolters Kluwer’s TeamMate+ Elevates Audit Solutions with Greek and Swedish Language Support

(IN BRIEF) Wolters Kluwer’s TeamMate+, a leading global audit solution, has expanded its language support to include Greek and Swedish, bringing the total supported languages to 19. This enhancement enables auditors to work in their preferred interface language, fostering global … Read the full press release

Swedbank’s Progress Report: Navigating Towards a Sustainable 2025 Vision

(IN BRIEF) In 2023, Swedbank made significant progress toward its strategic goals outlined in the “Swedbank 15/25” business plan, aiming for a sustainable return on equity by 2025. The bank focused on adapting its operations to prioritize key customer segments, … Read the full press release

DNV’s ReWind Pilot Demonstrates Cost and Time Savings in Wind Turbine Decommissioning

(IN BRIEF) DNV has successfully piloted ReWind, a digital service aimed at enhancing the sustainability of wind turbine decommissioning. The pilot involved seven customers across seven countries, resulting in significant time and cost savings compared to traditional methods. ReWind automates … Read the full press release

DNV Forges Europe’s Leading Cyber Security Services Business through Mergers

(IN BRIEF) DNV, a leading assurance and risk management provider, has combined its cyber security division with two recently acquired companies – Nixu and Applied Risk – to create one of Europe’s fastest-growing cyber security services businesses. This merger brings … Read the full press release

Accenture to bolster finance and risk management capabilities with Optimind acquisition

(IN BRIEF) Accenture has announced plans to acquire Optimind, a Paris-based consulting firm that specializes in offering advisory services and solutions for the insurance and banking industries. Optimind provides consulting services to help its clients overcome major challenges in areas … Read the full press release

Swiss Re Divides Reinsurance Business Unit into P&C Re and L&H Re

(IN BRIEF) Swiss Re, a leading global reinsurance company, plans to simplify its organizational structure to improve efficiency, client experience, and overall effectiveness, pending regulatory approval. The Reinsurance Business Unit will be divided into P&C Re and L&H Re, with … Read the full press release

EBRD helps Kazakhstan join derivatives and netting map with new legal framework

New legal framework improves risk management for businesses in Kazakhstan (PRESS RELEASE) LONDON, 16-Jan-2023 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, has announced that Kazakhstan‘s capital markets are set to receive … Read the full press release

Allianz Life announces a $35-billion fixed index annuity portfolio reinsurance agreement, one of the largest transactions of this type

Allianz Life reinsures $35 billion of liabilities of fixed index annuity book in one of the largest transactions of its kind Agreement underscores shared values of flexibility, ability to scale, risk management, and commitment to policyholders Transaction expected to improve … Read the full press release

Deutsche Bank delivered an innovative AI-powered treasury solution for Merck India, world’s oldest operating chemical and pharmaceutical company

An innovative solution seamlessly integrates trade finance, cash management and FX needs, into a single, streamlined and automated workflow (PRESS RELEASE) FRANKFURT AM  MAIN, 2-Dec-2021 — /EuropaWire/ — Deutsche Bank (ETR: DBK), Germany’s leading multinational investment bank and financial services … Read the full press release

DNV and Applied Risk to establish the world’s largest industrial cyber security practice

The two companies aim to build the world’s largest industrial cyber security practice to safeguard critical infrastructure in energy, maritime, manufacturing, chemicals, healthcare and other sectors. (PRESS RELEASE) OSLO, 24-Nov-2021 — /EuropaWire/ — DNV, the independent energy expert and assurance … Read the full press release

Olivier Vigneron to succeed Stuart Lewis as Deutsche Bank’s Group Chief Risk Officer effective June 1, 2022

(PRESS RELEASE) FRANKFURT, 22-Nov-2021 — /EuropaWire/ — Deutsche Bank (ETR: DBK), Germany’s leading multinational investment bank and financial services company, has announced the appointment of Olivier Vigneron as the bank’s Group Chief Risk Officer in effect as of June 1, … Read the full press release

DJSI World Index: Ricoh achieved highest score for sustainability in the Computers & Peripherals and Office Electronics industry

(PRESS RELEASE) TOKYO, 17-Nov-2021 — /EuropaWire/ — Ricoh (TYO: 7752), Japanese multinational imaging and electronics company, has announced its inclusion in the Dow Jones Sustainability World Index (DJSI World) for the second consecutive year. DJSI, compiled by the U.S. firm … Read the full press release

Ernst & Young LLP (EY US) to develop GRC, cybersecurity, third-party risk management (TPRM) and risk transformation as a service (RTaaS) solutions supported by RSA’s Archer platform

Alliance will help EY US and RSA clients establish and enhance robust governance, risk and compliance strategies Leverages industry-leading Archer suite and EY US consulting services to provide integrated risk management solutions (PRESS RELEASE) LONDON, 24-Sep-2021 — /EuropaWire/ — EY, … Read the full press release

DNV appointed one of the auditors for the CrewSafe programme in South East Asia

(PRESS RELEASE) BÆRUM, 28-Jul-2021 — /EuropaWire/ — DNV, the world’s leading classification society and risk management expert, announces that it has been selected as an auditor in the multi-party backed CrewSafe programme. With this appointment, DNV embarks on an instrumental … Read the full press release

DNV and Keppel Offshore & Marine to promote the introduction of hydrogen as an energy source in Singapore

(PRESS RELEASE) BÆRUM, 17-Jun-2021 — /EuropaWire/ — DNV, the independent expert in assurance and risk management, has announced it signed an agreement with Keppel Offshore & Marine (Keppel O&M), a world leader in providing total solutions to the offshore, marine … Read the full press release

Rabobank’s TreasurUp becomes an independent company and closes series A funding round

TreasurUp completes series A funding round led by OFX and Rabobank Australian cross border payments specialist OFX, Rabobank, TreasurUp management and engineering partner COERA invest in spin-off structure TreasurUp aims to become the leader in online treasury solutions for banks … Read the full press release

Deutsche Bank and Continuum’s world’s first Green Hedge Framework provides additional transparency for investors

(PRESS RELEASE) FRANKFURT AM MAIN, 16-Mar-2021 — /EuropaWire/ — Deutsche Bank (XETRA: DBKGn.DB / NYSE: DB) announces that its has executed the world’s first green hedging transaction with Continuum Energy Levanter Pte Ltd, a subsidiary of Continuum Green Energy (Continuum). … Read the full press release

DNV GL report forecasts strong future scenario for floating wind energy

Floating wind will play an important role in decarbonizing the global energy system, contributing 2% of the world’s power supply by 2050, but more comprehensive industry standards and risk management is required for the technology to scale. (PRESS RELEASE) OSLO, … Read the full press release

DNV GL’s My Care™ methodology used to assess infection risk management onboard Color Line’s vessels

(PRESS RELEASE) OSLO, 14-Jul-2020 — /EuropaWire/ — The international accredited registrar and classification society DNV GL has announced that Color Line, a cruiseferry line operating on routes to and from Norway, had its infection prevention program verified by DNV GL. … Read the full press release

Allianz to establish life insurance joint venture in Japan with AEON Financial Service

Allianz to establish life insurance joint venture in Japan with AEON Financial Service

(PRESS RELEASE) MUNICH, 4-Feb-2020 — /EuropaWire/ — Allianz SE announced it will establish a life insurance joint venture (JV) with bank holding group AEON Financial Service (AFS). The newly formed joint venture will focus on developing and marketing life insurance … Read the full press release

Finalyse welcomes Dublin as a new entity to the Group

(PRESS RELEASE) DUBLIN, 3-Oct-2019 — /EuropaWire/ — Following the achievement of €10M of consolidated income and 30th-anniversary last year, Finalyse has announced the opening of a new entity in Dublin as part of the group’s EMEA expansion strategy. Being a … Read the full press release

Kenneth Vareide to lead DNV GL’s Digital Solutions and help its clients with their digital transformations

Kenneth Vareide to lead DNV GL’s Digital Solutions and help its clients with their digital transformations

New CEO will focus on plugging customers’ skills gap (PRESS RELEASE) OSLO, 3-Jun-2019 — /EuropaWire/ — Kenneth Vareide will lead DNV GL’s Digital Solutions business practice. DNV GL’s Digital Solutions offer solutions for managing risk and improving asset performance. DNV … Read the full press release

Sampo Group welcomes Kai Sotamaa as Chief Risk Officer

(PRESS RELEASE) HELSINKI, 2-Apr-2019 — /EuropaWire/ — Sampo Group announces the appointment of Kai Sotamaa as Chief Risk Officer as of 1 April 2019. Sotamaa, 48, has previously worked as Head of Risk Management at Ilmarinen and as Financial Economist … Read the full press release

Dr. Sven Schneider of Linde AG will become the new CFO of Infineon Technologies AG

(PRESS RELEASE) MUNICH, 14-Mar-2019 — /EuropaWire/ — Dr. Sven Schneider, who is currently Board Spokesman, CFO and Labor Director at Linde AG, will be the next CFO of Infineon Technologies AG. His appointment has just been voted by Infineon’s Supervisory … Read the full press release

Airbus Defence and Space to support the System Design and Risk Management phase for Telesat’s LEO satellite constellation

TOULOUSE, 09-Aug-2018 — /EuropaWire/ — Airbus Defence and Space has been selected by Telesat as a major industrial partner to support their System Design and Risk Management phase for Telesat’s LEO constellation now in development. Under the terms of the contract, … Read the full press release

Syngenta Q1 2015: Robust performance in Europe and effective risk management in the CIS at $4.0 billion sales

Integrated sales up one percent at constant exchange rates Reported sales impacted by currency; full year earnings guidance maintained Robust performance in Europe: effective risk management in the CIS Delayed start to North American season BASEL, 17-4-2015 — /EuropaWire/ — … Read the full press release

CaixaBank scores higher on the world’s leading indicator for company sustainability performance – Dow Jones Sustainability Index (DJSI)

The bank consolidates its position among the 23 best banks in the world and the top ten in Europe for corporate responsibility. CaixaBank’s best scores came in financial stability, prevention of money laundering, risk management and service to customers. 23-9-2013 … Read the full press release

Bank of Slovenia issued licence for the function of a Board member in Nova Ljubljanska banka to Andreas Burkhardt

On Tuesday, September 10th, the Governing Board of Bank of Slovenia issued a licence for the function of a Board member in Nova Ljubljanska banka to Andreas Burkhardt. Andreas Burkhardt will assume his function of an NLB Board member as … Read the full press release

RBS Group included in 2013 Dow Jones Sustainability Index (DJSI)

16-9-2013 — /EuropaWire/ — We’re pleased to announce that RBS Group has been included in the 2013 Dow Jones Sustainability Index (DJSI). The DJSI tracks the corporate sustainability of the world’s leading companies. The index includes only the top 10% globally of … Read the full press release