ERM solutions

Credit Unions Choosing Cloud based ERM Solutions

Increasingly, organizations across all industries are charged with managing risk in a complicated compliance environment. Over at the Credit Union Times, Danny Baker, Vice President of Product Management, Risk & Compliance at Fiserv Inc., thinks he’s found a solution in the Cloud. In his recent article, “To the Cloud for Risk Management, Performance Analysis,” he argues that…

How to Consolidate Compliance Risk Assessments

The National Credit Union Administration (NCUA) by mandate has added  Enterprise Risk Management (ERM) and Sarbanes-Oxley (SOX) like financial reporting attestation compliance to the list of required activities for credit unions. Why has the NCUA put SOX, or financial reporting attestation, and ERM in the same ruling? The NCUA has recognized that all regulatory compliance guidelines…