Naperville, IL (Vocus/PRWEB) March 03, 2011
Financial Technologies Forum, LLC hosted their 5th Annual OpRisk Conference on March 2, 2011 in New York. Sumit Nijhawan, Company Operations Leader at Infogix presented, “Automated Controls and Continuous Monitoring: A Framework for Mitigating Operational Risk.”
During his session, Nijhawan discussed:
- Operational and Information Risk Relationship
- Enterprise Risk Framework
- Example of Operations, Information Risks, Information Controls
- Integrated Automated Controls and Monitoring Platform
- Continuous Monitoring Examples
Key take-aways from this session included:
- Operational risk is predated upon information risk.
- Information risk, information controls and business operations must be closely integrated.
- A best-of-breed risk management platform must support automated controls,
continuous monitoring, and end-to-end scope.
During the conference, attendees had the opportunity to hear several other leading industry experts discuss the top challenges that firms could be facing in 2011. Speakers discussed the latest news surrounding Basel III in the U.S., outsourcing, financial crime and AML, KRI’s, governance and transformational management associated with IT risk.
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Sumit Nijhawan is the Company Operations Leader at Infogix, a software company whose solutions monitor, detect and prevent information errors. Before coming to Infogix, Sumit worked for the Blue Cross Blue Shield Association, SPSS, Inc., and PricewaterhouseCoopers. Sumit received a Bachelor of Arts degree in physics and chemistry from Coe College, a Ph.D. in engineering from Brown University and completed the Program for Leadership Development at Harvard Business School.
About Infogix, Inc.
Many of the world’s largest enterprises depend on Infogix Controls to eliminate information errors. Infogix Controls are independent, automated and continuous. They can be deployed enterprise-wide across applications, platforms, and business processes. Infogix offers a powerful portfolio of software products and services (Infogix Controls Solutions) to monitor, detect, and prevent information errors. Since 1982, Infogix has been providing Infogix Controls Solutions to Global 2000 enterprises. Millions of Infogix Controls continuously monitor and assure the integrity of information in hundreds of enterprises each day. For more information, call +1.630.649.6800 (U.S, Canada, and International), or visit http://www.infogix.com today.