Event

Title:: Nordic Chamber Breakfast Meeting - Fraud Management Solutions
When:: 17-Aug-2010 07:30 - 09:00
Where:: Sheraton Grande Sukhumvit - Bangkok
Category:: Nordic Function

Description

Nordic Breakfast Meeting:

Recognition of Fraud Management as a Profitable Partner to Growth:

Join this exciting Nordic Breakfast Seminar where Khun Thodsaporn Rattanamastip will share established standard practices for fraud risk management and technology to increase net income in these difficult economic times.

The Fraud Management function continually improves product profitability through Optimization of fraud exposure and loss and enhancing shareholder, customers and regulatory confidence.

The most important aspect of effective fraud management is accurate identification of a business's losses, and determination if these losses are a result of fraud, credit decisions, process deficiencies, operations or a combination of all these factors. In order to effectively identify and categorize your losses the business must ensure that they have identified a fraud manager to work across and in partnership with all functions within the business. Business need to be more proactive in fraud identification. Fraud losses are not only identified in the front end through statistics and analytics but are often identified throughout the entire operating model. Fraud manager need to understand and review all losses with Risk, Operations and Finance to ensure that the proper corrective action is being implemented based on the losses identified.

Khun Thodsaporn is an Executive Vice President of the Bank of Ayudhya Plc., and is also the Chairman of the Fraud Management Club under the Thai Bankers’ Association.