White Papers

TORI Global produces a range of thought leadership and opinion pieces, a selection of which can be found below.

Addressing the Complexity of Enterprise Data Management

In the infrastructure world storage has for many years been treated as an exception when it comes to cost. Its share of the IT Budget has historically been relatively small, and it has always appeared too hard to get a grip on: storage is complicated, it is difficult to have direct impact, and there are always other priorities. However, with storage volume growing at >40% per year (according to IDC and Veritas1) it can no longer be ignored, despite underlying unit costs dropping by 15% per year2.

Lessons from 15 Years of Operational Risk Reporting

The first Basel II proposals, published in 1999 globalised the term ‘operational risk’, a phrase that, while it has been debated at the occasional conference and had attracted surplus risk management attention (in the heady pre-crisis days when risk managers had time on their hands...), had neither a standard definition nor phrasing. The Basel Committee anchored the definition of operational (rather than operations or business) risk to the risk of loss (to shareholders) arising from an organisation’s people, processes or systems.

TRIM: Making the Most of a Difficult Task at a Difficult Time

In 2017 and 2018 the European Banking Authority (EBA) will devote significant resources to a formal and structured review of credit, credit counterparty and market risk models being used by banks that fall under the single supervisory mechanism. This exercise, known as TRIM (Technical Review of Internal Models), is intended to provide firm foundations for the ongoing use of internal models to set capital requirements for European banks. TRIM launched in 2015 and is scheduled for completion in 2019, with the majority of bank interactions taking place in the next 12 months.

Why isn't RAROC Universal?

AROC (Risk-Adjusted Return On Capital) is a 40- year-old concept. To its followers, its value is unquestioned. But the institutions that have fully implemented it remain an admired minority. Indeed, the limited use of RAROC is at odds with both its reputation and the millions of hours of effort spent by banks on risk-adjusted performance measurement without embedding it in their DNA.

3 Lines of Defence: Controls in IT Services

2 years ago TORI published a white paper on Zero Outage Protection
The paper considered which major factors were to be addressed to ensure continuous availability of mission critical systems.

Transform your Enterprise with Mobile

Currently there are over 6 billion mobile subscriptions globally, (Sanou, 2011), and growing. Mobile technology is a booming business and will continue to excel. IT organizations have been and continue to jump onboard – not only with bring your own device, (BYOD), solutions & strategies for the enterprise, but also for the increase in demand of mobile applications.

Dodd Frank: Retention Policies & Associated Countermeasures

Recordkeeping rules are part of Dodd-Frank Wall Street Reform and Consumer Protection Act, specifically Title VII – Wall Street Transparency and Accountability. These rules are mandatory and enforced for Swap Dealers (SD) and Major Swap Participants (MSP).

IT Service Capability Assessments

Most Managers of IT Services generally believe that they are doing a “good job”. That is until a long-term customer suddenly not wanting to do business with them any more and plans are underway to move to a new provider. At this point it is perhaps too late to ask the customer whether there any issues that need addressing or what it is that requires improvement.

Does your Current IT Governance Promote Digitisation?

Supporting a digital enterprise requires a new digital Architecture and a digital enabled IT Governance. The whole ethos and modus operandi for digital technology is in the capability to create digital products and services at a far reduced time to market; as compared to the more traditional approaches to technology services introduction. Organisations need to become adept at digital product innovation that meets customer requirements, in a customer population which is much more demanding and much more technology aware.