Operational Risk Management in Financial Services
Operational Risk Management in Financial Services Technology failures, data loss, issues with providers of outsourced services, misconduct and mis-selling are just some of the top risks that keep…
Specifikacia Operational Risk Management in Financial Services
Operational Risk Management in Financial Services
Technology failures, data loss, issues with providers of outsourced services, misconduct and mis-selling are just some of the top risks that keep financial firms up at night. Continued regulatory focus and catastrophic industry events have led to operational risk becoming a crucial topic on senior management's agenda. In this context effective operational risk management is, simply, a commercial necessity.The management of operational risk, defined by the Basel Accord as arising from failures of processes, people, systems or external events, has developed considerably since its early years.
This book is a practical guide for practitioners which focuses on how to establish effective solutions and avoid common pitfalls.Filled with frameworks, examples and diagrams, this book offers clear advice on key practices including conducting risk assessments, assessing change