Episode 4
Could integrated risk controls have saved SVB?

As the Silicon Valley Bank shock waves echo through the system, the market is asking: shouldn’t we have seen this coming? Integrated risk management has always made sense, but it is a dream that requires joined up data, systems, benchmarks, standards and frameworks. Firms, driven to operational efficiency, and regulators, keen to protect consumers have aligned interests.  Yet we have been talking about the need for this shift since 2017. The 2023 challenge is to find a way to agree the risk framework that is based on code, not mountains of paper. Will SVB be a wakeup call that spurs regulator and regulated to align on what good risk management looks like? In advance of JWG’s 22 March Trading Compliance Seminar we explore what matters in 2023.

For related research see:

• JWG analysis – Market Watch 69 & Surveillance RegTech here
• JWG analysis on Surveillance RegTech 2022 here
• 22 March panel speakers and research here

Register here for 22 March

Speakers and Guests

• PJ Di Giammarino

  CEO, JWG

• Richard Bain

  Vice President, Ethics Control Room & Incident Management Team, State Street Corporation

• Sam Tyfield

  Partner

  Shoosmiths

• Paul Cottee

  Director, Subject Matter Expert, Compliance

  NICE Actimize