Over the past year the Basel Committee on Banking Supervision has refined its approach to setting minimum capital requirements for operational risk (see “Regulatory Treatment of Operational Risk” in ...

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 ...

e-Finance Trends: Operational risk management in redefined 'e'conomy What is operational risk? We will come across a lot of terminology to define operational risk. The Basel committee on banking ...

“The rapidly changing healthcare landscape demands a disciplined approach to risk assessment,” said Matt Weekley, leader of the national healthcare industry practice at Plante Moran, during a May 23 ...

Manufacturing companies and process plants need to proactively manage all areas of operations that may impact their “social license” to do business in a particular community. Some essential processes, ...

As a committed operational risk professional, I cannot help but stare in amazement amidst all the financial ruin and desolation that surrounds us. The hand wringing and the weeping about credit risk, ...

Employee attrition in private sector banks has witnessed an increase to about 25 per cent and this high turnover rate poses significant operational risk, according to the latest Report on Trend and ...

Credit risk is defined as the probability that a bank borrower or counterparty will fail to meet their obligations in accordance with agreed terms. The goal of credit risk management is to maximize a ...

CARY, N.C.--(BUSINESS WIRE)--SAS remains a category leader in the Chartis Operational Risk Management Systems for Financial Services 2014 RiskTech Quadrant ®. The business analytics powerhouse was ...