Operational risk can never be 100% eliminated, and management must decide what level of operational risk it is comfortable accepting. While businesses often seek to reduce risk through contracts or ...

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 ...

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 ...

Current stress testing frameworks for operational risk often lack clarity with respect to measurement standards and the balance to be struck between systemic (macroeconomic) and idiosyncratic risk ...

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 e-learning programme is designed for both aspiring and active risk professionals, VPs, MDs, heads of departments, CFOs, CROs, analysts, operational and risk management staff within ...

At Sibos 2025 in Frankfurt, David White, Global Head of Product and Data, Risk Intelligence, LSEG discussed findings from the report Operating at the Speed of Crime, which highlights the urgent need ...

Indian banking system is reeling under a series of reported frauds in the last few weeks. The mother of all is the USD 1.7 billion at PNB (Punjab National Bank) which is amongst the top public sector ...

Schmidt, William, and Ananth Raman. "Operational Disruptions, Firm Risk, and Control Systems." Manufacturing & Service Operations Management 24, no. 1 (January ...

With more than four decades of experience in delivering data and technology solutions to financial entities and professionals across the globe, Bloomberg is known for setting a high standard of ...

The Nanjing facility of Taiwan Semiconductor Manufacturing Co (TSMC) faces "operational risk within months" but limited potential long-term impact, according to analysts, after the US government ...