Bank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. Incoming data confirm the severe impact of the COVID-19 pandemic on the global economy. This impact appears to have peaked, although uncertainty about how the recovery...

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News and Press Releases – Fusion Risk Management

Fusion Risk Management is a leading industry provider of cloud-based software solutions for business continuity, risk management, IT disaster recovery, and crisis and incident management. Its products and services take organizations beyond legacy solutions and empowers them to make data-driven decisions with a comprehensive and flexible approach through one system. Fusion and its team of experts are dedicated to helping...

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Most Execs Say Operational Risk Events Impact Shareholder Value, But Few Use Advanced Technologies to Manage it

NEW YORK, May 20, 2019—The majority (79.2 %) of C-suite and other executives recently polled by Deloitte say significant operational risk events impact shareholder value over the long term. Yet, just 39.5 % of polled executives leverage advanced analytics to manage operational risk and only 6 % use emerging technologies like cognitive computing and machine learning to do so.[1][2] In...

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