Buy side faces increased op risk scrutiny

Panellists included Caxton Associates director of business management Monique Miller, Obex Securities president Randy Katzenstein and Fidelity Investments vice-president of firm-wide risk Charles Fishkin.

Fishkin addressed the issue of the extent to which op risk issues differ - or, more pertinently, do not differ - between buy- and sell-side institutions. "Fundamentally, there isn’t a lot of difference," he said. "There are certain differences, but they are more subtle than substantive. If