Challenging times present an opportunity for organizations to perform detailed assessments of their operations. While recent stock market turmoil has many organizations worried about both short and ...

Identifying and assessing operational risk lets you make changes in your company to secure operations and reduce risk of business failure. Operational risk is the total of risks you run when operating ...

When you own or manage a business, there's always a risk of loss or failure. Your decisions can affect how much risk your company faces, whether it's a financial risk, the risk of adopting a bad ...

06 October 2005 With the Basle II Revised Framework now very much in the forefront of banks' priorities, it is now a prerequisite that banks demonstrate a sound operational risk management and control ...

Indian banking system is reeling under a series of reported frauds in the last few weeks. The mother of all is the USD 1.7 billion at PNB (Punjab National Bank) which is amongst the top public sector ...

Risk and control self-assessments have been common in the finance industry for many years – so why are they still relatively ineffective? I believe the answer is fairly straight-forward; it’s all to ...

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 ...

Today, the landscape of operational risk is being reshaped by cyber threats, third-party dependencies, artificial intelligence adoption and regulatory scrutiny. With operational resilience under the ...

Operational Risk e-learning programme is designed for both aspiring and active risk professionals, VPs, MDs, heads of departments, CFOs, CROs, analysts, operational and risk management staff within ...

For years, financial institutions, payment providers and treasury platforms have treated foreign exchange risk management and operational functions as independent domains. Businesses process payments ...

Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. Unsystematic ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...