IDC Financial Insights Appoints Head of Global Risk Mgmt Service

IDC Financial Insights announced the appointment of industry veteran Michael Versace to Research Director, Global Risk Management.

The Global Risk Management Advisory Service research helps financial institutions make mission-critical decisions on their investments in a variety of risk technologies and services, and advises providers on successful strategies for product development, market entry and penetration, IDC said.

Versace joins IDC Financial Insights with thirty years in the financial services market, including senior positions with the Federal Reserve, Fidelity Investments, and Bank of New England.

Most recently, Versace was a partner and principal research contributor for The Wikibon Project, where he provided business development and research for information management, governance and risk, virtualization, cloud computing and security strategy. He is a two term Chairman of the International Organization for Standardization (ISO) Technical Committee on Information Security in Financial Services.

Upcoming research topics will address the issues that are critical to the success of risk programs throughout the financial services enterprise, including risk IT spending, emerging requirements for asset liability management, architecting for effective enterprise risk programs, and essential technology and data strategies to meet global regulatory requirements.

"The addition of Michael to the IDC Financial Insights team will extend our coverage of risk management within the financial services market and provide our clients access to an experienced executive with an exceptional track record in the fields of risk management, information security and services," said David Potterton, VP, Global Research, IDC Financial Insights.

"His background and experience will help our clients make strategic decisions to effectively manage and compete in today's challenging financial services environment." Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio