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 ...

From fires to employee errors, all businesses face risks. Starting a business without risk is impossible, so to run successful businesses, small-business owners must understand and prepare for the ...

The fourth article in a series on operational risk and how it is managed Introduction There is a ...

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 ...

Operational risk is the risk of losses caused by flawed or failed processes, policies, systems, people or events that disrupt business operations. Unlike financial and market risks, which stem from ...

Operational risk management is a decision-making process the military uses to identify potential risks, avoid any that are unnecessary, and accept any that are crucial to the success of the mission.

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 ...

The U.S. bank supervisory agencies recently issued for public comment revised guidance regarding the implementation of the proposed Basel II-related, risk-based capital requirements. Among the ...

Risk-based planning is a familiar concept for most companies. Many business leaders realize that the right operational risk management (ORM) system helps to lower operating and auditing costs, reduce ...

LogicGate is elevating its Risk Cloud platform with a new Operational Risk Management (ORM) Solution designed to allow organizations to prioritize risks based on process criticality and financial ...

LONDON--(BUSINESS WIRE)--J.P. Morgan and Acin today announce that the global financial firm is expanding its use of the Acin platform to cover its Global Markets business. Acin, the SaaS company that ...