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; ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. In addition to the principles for operational resilience, the Committee ...

The push for standardization under Basel III continues, bringing significant changes to how banks calculate capital requirements for operational risk. Against this backdrop, the European Banking ...

Recently, I spoke with several clients who had attended mortgage industry conferences. Each one of them pointed out the very same fact: Operational risk and regulatory compliance are the most ...

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 ...