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 ...

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 ...

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 ...

When you own or manage a business, there's always a risk of loss or failure. Your decisions can affect how much risk your company faces, whether it's a financial risk, the risk of adopting a bad ...

Institute of Operational Risk publishes risk control self-assessment guide The Institute of Operational Risk (IOR) has published the second sound practice guidance paper in its new series on the topic ...

Measuring risk is an important managerial task that affects the continued well-being of businesses. One method for monitoring risk is the balanced scorecard approach, which contains performance ...

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 ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

What is supply chain risk? Understanding supply chain risk is fundamental in being able to effectively manage operational risk. Two of the most significant threats operational leaders face are cyber ...

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 ...

Operational resilience is defined as an organization's capability to endure adverse disruptions, adapt to challenges and recover from events such as cyberattacks, natural disasters, supply chain ...

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 ...