As financial services organizations adapt their business models and processes to take advantage of technology advances, operational risk management practices also may have to undergo reevaluation to ...

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 ...

Debt maturity schedules are no longer only a refinancing issue. Concentrated maturities can force operating decisions at the ...

As AI becomes embedded in critical business processes, organizations face growing operational dependencies. Learn why AI ...

With a wide-ranging view of the various risks across the organization, operational risk managers at financial institutions have become trusted partners to the business in recent years and, although ...

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 ...

Operational risk is often described as the “silent disruptor” of the financial world. Unlike credit risk or market risk, which are measurable and frequently modeled with precision, operational risk is ...

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 ...

The last decade has seen an explosion in technologies with tremendous potential impact on a business. From internet-connected devices to the algorithms that can make sense of the mountains of data ...

Operational risk management encompasses the identification, assessment, monitoring and mitigation of losses arising from inadequate or failed internal processes, people, systems or external events.

Transcripts are generated using a combination of speech recognition software and human transcribers, and may contain errors. Please check the corresponding audio for the authoritative record. Chana ...

Water rarely announces a shutdown,” says Tsurumi Pumps Africa’s S Kotze, adding that, consequently, maintenance teams are often responding under pressure, with access narrowing and water levels ...