LOWER EUC RISK WITH AUTOMATED CONTROLS

New Woes for the UK Model Risk Manager

The Prudential Regulatory Authority’s Supervisory Statement SS3/18 concerning model risk management principles is the latest in a long line of financial industry guidance that started with OCC 2011-12, The Federal Reserve’s SR 11-7 and others. Although it is highly focused on the models used for determining capital adequacy (stress testing) in UK banks, and the principles are sound, it is not good news for model risk managers.

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Protect Personally Identifiable Information (PII) in Unstructured Documents & Spreadsheets in Support of GDPR

You have millions of end-user controlled files in your organization. Do you know which documents, spreadsheets and other files contain personally-identifiable information (PII)? If not, how can you comply with the EU General Data Protection Regulation (GDPR)? How can you ensure effective security for this unstructured information?

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The Elated Financial Director

Steve's team finished  the month-end close ahead of schedule without any mistakes. This humorous 15-second video shows how he celebrates! 

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Should the CEO care about Spreadsheet Risk? Yes! Three Current Headlines Reveal Why.

Why would a senior executive with strategic responsibilities even remotely think about something so seemingly tactical as spreadsheet risk? Read on: This article discusses a series of recent cases that illustrate how a spreadsheet error can quickly evolve into a material - and public - business crisis.

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Imogen, The Happy Actuary

Imogen doesn't worry about errors in her models - she has automated controls!  This humorous 15-second video explains why she is so relaxed. 

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The Consequences of a $100 Million Spreadsheet Error

A small error in a spreadsheet can cause a very public material error. Easily find all your spreadsheet errors BEFORE you finalize your acquisition.

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Microsoft has Ended Support for Audit & Control Manager/Prodiance. Who You Gonna Call?

Given your dependence on Microsoft Audit & Control Manager's Server, are you concerned about the sustainability of your spreadsheet risk management now that official support has ended. Or, are you migrating your critical Excel files to the cloud (e.g. SharePoint Online) which is not supported in Microsoft ACM Server?  CIMCON Software can help you maintain effective governance on Excel & Access files whether they’re stored in the cloud or on-premises.

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Why are you Wasting Time Manually Hunting for Errors in your Excel Spreadsheets?

Just one tiny spreadsheet error can snowball into a disaster for your company and for everyone responsible. No organization wants to suffer a material financial loss due to a spreadsheet error. And yet, most firms use ineffective, manual methods to find errors in their critical spreadsheets. There's a highly effective and much more productive way to detect and correct spreadsheet errors!

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Poor John's Spreadsheet Error

The consequences of trusting - but not verifying - that your spreadsheet has no errors. 

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The Excel Office Romance

Happy Valentine's Day -- This 15-second video is a  humorous, tongue -in-cheek tribute to you and your love affair with Excel!!

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