TIBCO Spotfire to Present at GARP's 12th Annual Risk Management Convention
Venkat Mullur to Discuss Need for New Analytics Paradigm That Can Assess Risk in Today's Post-Crisis Regulatory Environment
TIBCO Software Inc. (NASDAQ: TIBX) today announced that Venkat Mullur, senior director of industry solutions, TIBCO Spotfire®, will be presenting at the Global Association of Risk Professionals (GARP) 12th Annual Risk Management Convention on March 8 – 9, 2011. In a breakfast session titled "Post Financial Crisis: Evolving Regulatory Guidance," Mullur will discuss the critical need for a new analytics paradigm that can help financial organizations assess risks, analyze adverse scenarios, and come up with relevant risk measures in today's post-crisis regulatory environment. TIBCO Spotfire will also be exhibiting its predictive analytics solutions for financial services at the conference, at booth #2.
What: In his presentation, Mullur will summarize the global regulatory response to the financial crisis of 2008 and 2009. While many of the new regulations stem from a desire to ensure long-term solvency of financial institutions, the guidance tacitly assumes an immutable risk-type taxonomy and an orderly marketplace with sufficient liquidity. Mullur will argue for a new paradigm for regulations, one that puts the onus back on the financial institutions to assess their risks, analyze adverse scenarios, and come up with relevant risk measures, instead of attempting to impose ready-made formulae and ratios that may not be relevant to individual institutions.
When/Where: March 8, 2011, at the New York Marriott Marquis hotel in New York City.
Information: To register for the event, please visit: http://www.garp.org/meetings-and-events/conference-details/12th-annual-risk-management-convention-/register-now.aspx
To learn more about TIBCO Spotfire in the financial services industry, please visit: http://spotfire.tibco.com/spotfire-for-you/by-industry/financial-services/financial-analytics.aspx
TIBCO Software Inc. (NASDAQ:TIBX) is one of the leading providers of infrastructure software for companies to use on-premise or as part of cloud computing environments. Whether it's efficient claims or trade processing, cross-selling products based on real-time customer behavior, or averting a crisis before it happens, TIBCO provides companies the two-second advantage® – the ability to capture the right information, at the right time and act on it preemptively for a competitive advantage.
More than 4,000 customers worldwide rely on TIBCO to manage information, decisions, processes, and applications in real-time. TIBCO Spotfire is the company's in-memory analytics software for next generation business intelligence. By offering a visual, interactive experience, Spotfire helps professionals quickly discover new and actionable insights in information. Learn more at: http://spotfire.tibco.com.
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