Measuring correlations among aggregate operational risk losses has a significant impact on calculating regulatory operational risk capital requirements. In the literature, these correlations are often ...

In the current market turbulence operational risk management is a basic function of every financial institution, including insurance companies. In a situation when principles based on prudent business ...

Most people consider setting up a business high risk. Small businesses face a number of risks, but not all of them are necessarily bad. It’s all about planning and managing those risks to make sure a ...

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 ...

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 ...

How can operational and risk assessments help business owners save money? Operational assessments can help business owners identify inefficiencies and waste, ensure sound decision-making and deter ...

Have you ever faced the daunting task of identifying and prioritizing risks in a project, only to feel overwhelmed by the sheer complexity of it all? Whether you’re managing a multi-million-dollar ...

Although this IT risk assessment template deals with risk assessment for disaster recovery requirements, it can be customized for other IT requirements. Head this way ...