Industry Roundtables on Risk Management

EDC administers Industry Roundtables which create a unique forum for the constructive exchange of new ideas and best practices in risk management. Each Roundtable is composed of senior-level risk managers from many leading financial institutions.

US Risk Manager’s Roundtable: Established in 1992, the RMRT focuses on general purpose consumer card portfolios.

US Private Label Roundtable: Established in 1996, the PLRT focuses on store card portfolios.

US Commercial Card Roundtable: Established in 1998, the CCRT focuses on small business card portfolios.

Australia/New Zealand Risk Manager’s Roundtable: Established in 2002, the RMRT focuses on general purpose consumer card portfolios.

Australia/New Zealand Personal Lending Roundtable: Established in 2004, the PLRT focuses on personal consumer loan portfolios.

Australian Mortgages Roundtable: Established in September 2006, the M-RMRT focuses on "retail home loans" and provides benchmarking across 24 discrete segments.

Major benefits of Roundtable membership include:

• Forum for Collaboration: Opportunity to discuss industry trends and observations and to share ideas and solutions related to risk management with major industry leaders. Recent examples:
  • Established guidelines for determining discriminatory impact of credit-granting decisions
  • Created guidelines that led to the development of an industry-wide fraud risk management database
  
  
• Industry Influence: Opportunity to speak with a collective voice on critical issues facing the entire industry.
  Recent examples:
  • Developed recommendations for the federal government to modify re-aging regulations
  • Provide ongoing direction to the card associations/schemes regarding proposed risk management initiatives
  
  
• Peer Benchmarking and Special Surveys: Proprietary monthly reports comparing key data and performance metrics of each individual organization with that of the entire membership, as well as custom surveys that focus on specific initiatives or business processes
  
  
• Special Economic Reports: Detailed explanations and analysis of economic issues in the risk environment.