| | DECEMBER - JANUARYENTERPRISE SECURITY6In June 2022, the Hong Kong Exchange (HKEx) went live with a new risk modelling system that uses value-at-risk (VaR). For instance, larger markets are deploying CME SPAN or CME's SPAN 2, which is a VaR based calculation to mitigate and manage risk. Risk management solution providers in APAC are enhancing internal control environments, identifying process inefficiencies and mitigating long-term compliance costs by monitoring and managing material risks.The Asia Pacific region is currently experiencing a shift toward using VaR models to calculate margins, particularly among more significant marketplaces and clearing brokers. Business market insights expects the APAC risk management solutions market to grow from USD 347.29 million in 2021 to USD 721.84 million by 2028 at a CAGR of 11 per cent. To help businesses keep track of APAC's overarching risk landscape and key vulnerabilities, the editorial team of Enterprise Security Magazine compiled a list of the Top 10 Risk Management Solutions Providers in APAC - 2022. Riskified is a fraud management software developer for E-commerce that has a risk management platform to enable online merchants to create trusted relationships with consumers. The company empowers businesses to realize the full potential of eCommerce by making it safe, accessible, and frictionless. We also bring to you thought leadership articles and exclusive insights from expert CXOs- Eric Martin, Vice President, Information Technology and Digitization, Groupe Deschenes, and Aleksandar Radosavljevi, Global Chief Information Security Officer, Global Fashion Group sharing their ideas and underlining the importance of right data that feeds every business. The editorial team at Enterprise Security Magazine APAC hopes that the proposed list and valuable insights by these industry leaders will help organisations achieve their business goals efficiently. Let us know your thoughts!Hedging Businesses with Data-driven TechnologiesEditorialRussell Thomas Managing Editor editor@enterprisesecuritymag.comDecember - January, Volume 08 - 14 Published by ValleyMedia, Inc. (ISSN 2691-4034) To subscribe to ENTERPRISE SECURITYVisit www.enterprisesecuritymag.com Copyright © 2022 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Managing EditorRussell ThomasEditorial StaffAaron PierceAlex D'SouzaAva GarciaJustin S GonsalvesJoshua ParkerCatalina JosephVisualizersAsher BlakeEmail:sales@enterprisesecuritymag.comeditor@enterprisesecuritymag.commarketing@enterprisesecuritymag.comDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOs
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