Blog & Resources
Banking & Risk Management (or the Lack Thereof)
Much has been written about the SVB (Silicon Valley Bank) failure, the largest U.S. bank failure behind Lehman Brothers back in September of 2008. Articles have extensively covered how it happened and what the impact is to...
The Importance of an Operational Risk Management Framework
Risk management is at the core of success for credit unions as they set their strategy towards creating, preserving, and realizing value (i.e., adding value to their members' lives!). However, it is easy for leaders to get...
As Housing Goes, So Goes The Economy
Those words, uttered by President George H. W. Bush in 1992, may be a harbinger of things to come, if the most recent home price data is any indication. After more than a year of widespread bubble-like increases in home prices across the U.S., the June data revealed the first cracks in the housing bubble. Driven by a combination of affordability challenges brought on by the significant run-up in prices, and a 275 basis point (bp) increase in the average 30-year fixed mortgage rate in just six months, the nascent turn in home prices could signal a shift in the direction of overall economic activity.
Lessons From 1994: An Interest Rate Retrospective
Consumer inflation is at the highest level in 40 years: the Consumer Price Index (CPI) year-over-year is up 7.5% as of January 2022, the highest rate since February 1982.
Redefining (and Clarifying) ERM & ORM
Mitigating risks, day-to-day operations, and business objectives can be challenging in both resources and in execution. apogee iQ’s ERM and ORM modules are stand-alone modules, but work together to manage your full set of risk management programs
Playing to Win: Shifting your perspective on risk
It’s the difference between playing to win and playing not to lose. When you play to win, you do what’s necessary to advance. You aggressively put points on the board, you out-maneuver your opponent, you act with certainty.
Alphabet Soup: Making sense of GRC and ERM
The debate continues: Which is better, GRC or ERM? At Rochdale, we say neither. Our industry has a not-so-secret obsession with acronyms. There’s ERM and GRC, of course, but also eGRC, IRM, ORM and something I like to call...
Reimagine Risk – As an Opportunity (Rather Than a Threat)
Standing on the chair did the trick. My mother taught me a technique when I was a child that’s still useful today. If I couldn’t find something I had just dropped on the floor, she told me, try changing your perspective....
Addressing Risk Jointly – Integration of Risk and Audit
ERM and internal audit teams should work together and complement each other. How integrated are these functions in your organization? Read more