Entries by Eric Berdeaux, CEO OXIAL

New FINMA requirements in Switzerland: the challenges for financial institutions with regard to governance and risk management

Throughout the private and public sector there is a growing need to embrace risk management strategies in order to remain flexible and resilient enough to weather global uncertainty. It is important to note that it is not just financial institutions and banks which need to manage risk, but rather all sectors can benefit from increasing their risk resiliency. The key is combined both agility and resilience into institutional planning, as one without the other merely adds additional risks.

La Française Asset Management GRC Case Study

Background :

‘The aftermath of the 2008-9 financial crisis has lead to the most challenging economic environment in over seventy years. Many financial services companies have reconsidered their approach to financial and market risk, while having to give greater consideration to the social and economic impact of potential operational failures.
La Française AM (formerly UFG-LFP) took action before the crisis.