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 ...

We study the problem of evaluating the risky position involved in a matrix of random losses with some given probabilistic structure. In the Basel II regulatory setup for operational risk in banking, ...

LONDON & CHICAGO--(BUSINESS WIRE)--With just over five months left to prepare for the new UK Regulatory Operational Resilience Requirements, Fusion Risk Management, Inc. (“Fusion”), a leading provider ...

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 ...

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 ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Thomas J Catalano is a CFP and Registered Investment Adviser with ...

A structured way of thinking about how an activity or situation might cause harm to people or property, helping you to identify measures to prevent or minimize the chances of this happening. A way to ...