SOURCE: Wolf & Company P.C.
BOSTON, MA--(Marketwire - Oct 2, 2012) - WolfPAC Solutions Group, a division of Wolf & Company P.C., today announced its fourth annual User Conference for users of the WolfPAC Integrated Risk Management® platform, an online suite of enterprise risk assessment, management oversight, and risk governance tools. The conference is designed to provide WolfPAC users with a series of interactive sessions for exchanging ideas and best practices for risk assessment and risk management. The 4th Annual User Conference will be held at the Mohegan Sun Conference Center in Uncasville, Connecticut on October 25th and 26th, 2012. Click to register for the conference.
"WolfPAC is the market leader in online risk assessment and integrated risk management practices for community based banks and credit unions nationwide," said Bharat Nair, director of Product and Technology Strategy for WolfPAC. "Feedback through user conference forums allows for the best exchange of key requirements, ideas, and best practices that can guide the product development team to continue building the best set of enterprise risk management tools for our customers."
The 4th Annual User Conference is a forum for WolfPAC users those interested in learning more about risk assessment and risk management practices. "For WolfPAC users, risk assessment is a powerful tool to improve the bottom line of their financial institution," said Michael Cohn, director of WolfPAC Solutions Group and the conference's keynote speaker. "The ultimate objective is to leverage enterprise risk management programs with strategic planning to create a more competitive institution."
Sessions at this year's user conference include:
- Enterprise Risk Management: Establishing Processes, Procedures & Policies
How measuring the cost of enterprise risk assessment and risk management across your enterprise will help improve your bottom line, achieve business goals, and position your institution to be more competitive.
- Roundtable Discussions - Vendor Management, Business Continuity Planning/Business Continuity Risk Assessment, Operations Risk
Join experts for an informal conversation, where exciting new changes to the Vendor, Operations, and Business Continuity Risk Assessment modules will be previewed.
- Operations Risk Assessment
This session will discuss how assessing and effectively managing Operational Risk (OR) can help financial institutions focus their resources appropriately and mitigate the risk of loss due to failures of people, processes, systems, and external events.
With increasing regulatory requirements, financial institutions recognize the need for efficient and comprehensive enterprise risk management practices across their operations. Today, operational risk is emerging as a bigger threat to financial institutions than credit or liquidity risks. The WolfPAC Integrated Risk Management platform provides financial institutions with a set of tools and expert guidance to address the changing risk profile of an institution across people, processes, and technologies that can reduce exposure to risk and counter the rising costs of compliance.
About WolfPAC Integrated Risk Management
WolfPAC Integrated Risk Management is a secure, web-based enterprise risk management solution used to automate the identification of risks, threats, and control gaps. WolfPAC® keeps institutions safe and sound, and maximizes the outcomes of strategic initiatives. Developed by financial professionals in 2004, who were among the first to understand enterprise-wide risk assessment and implement risk management programs, WolfPAC provides tools to review and assess information technology, privacy, vendor, compliance, and other enterprise-wide risk assessments. Quarterly methodology updates are designed to align with emerging compliance and examination standards. A robust suite of reports allows an institution's management to analyze their control gaps in relation to known threats, align with the institution's strategic objectives, and benchmark risk profiles against peers.
About Wolf & Company, P.C.
Wolf & Company is entering our second century providing assurance, tax, risk management and business consulting services throughout the Northeast. Clients can expect direct involvement from the Firm's owners and senior management, and responsive service from a multi-disciplinary team. Our collaborative service strategy enables us to develop a deep understanding of clients and their business needs, and to maximize opportunities while navigating any potential obstacles.
Wolf's areas of focus include Financial Institutions, Investment Advisors, Family Businesses, Employee Benefit Plans, Educational Institutions, Technology Companies and High Net Worth Individuals. The Firm employs over 180 people, and has offices in Boston and Springfield, MA and Albany, NY. Wolf is registered with and inspected by the PCAOB, and is a member of PKF North America, a national and international affiliation of CPA firms.