Large organisations face major challenges in identifying and managing operational risk. Well established factors that contribute to that operational risk include: emerging technology such as AI; ...
The authors analyze more than 5000 operational risk incidents from a major New Zealand bank to document risk patterns within ...
Algorithmics, the leading provider of risk solutions, today announced that it has been awarded a patent for its operational risk capital modeling framework. The patent recognizes Algorithmics' ...
Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Thomas J Catalano is a CFP and Registered Investment Adviser with ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
David Millar of OpRisk Limited warns of the potential pitfalls to financial institutions arising from the Basel II Capital Accord and up-and-coming regulatory demands for compliance with operational ...
Companies that want to achieve a sustainable and profitable business need to focus on three dimensions of their operations, generally speaking. First is value protection, a foundational concern that ...