Sentence examples for risk control system from inspiring English sources

Exact(6)

12.08pm: Sly Bailey, chief executive of Trinity Mirror, is outlining the risk control system at the publishing group.

Société Générale has acknowledged management failures and weaknesses in its risk control system.

The risk control system was shown to be effective in ensuring environment safety, structure safety and construction safety.

The whole purpose of a risk control system is to eliminate the possibility of "fictitious" positions and "fictitious trades". Indeed, the distinction between the two isn't subtle but represents, in practice, a dual systems failure.

The report supported the conclusions of an internal investigation by Société Générale published in May, in which France's second-largest bank acknowledges management failures and weaknesses in its risk control system — but insists that senior management was not aware of Mr. Kerviel's activities.

Apparently, few institutions have emulated Goldman Sachs' highly expensive risk control system of 18,000 computers churning out daily reports on every trading desk, and sending alarms if any positions worldwide seem to be too risky in relation to the worst day's price action for that product.

Similar(54)

And it is investing more than 100 million euros to upgrade its internal risk control systems.

Société Générale had admitted to management failures and weaknesses in its risk control systems.

Is this a systematic breakdown in management and risk control systems?

Instead, some investigators suspect that chaos and poor risk control systems were to blame.

A second report last night by external auditors PricewaterhouseCoopers into SocGen's measures to improve its internal risk control systems and prevent a recurrence of rogue trading, generally approved the new measures.

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