DBS implements enterprise-wide risk management


DBS Bank has implemented Reveleus Operational Risk version 3.3 - formerly known as Operational Risk Tool Suite - as its firm-wide operational risk management system. This makes the Singaporean firm one of the first in Asia to implement the tool, which enables firm-wide monitoring and management of operational risk in line with Basel II standards, the bank said in a statement.

Reveleus Operational Risk enables DBS to capture and analyse operational risk profiles across multiple locations, busi