Fitch acquires IC2 First op risk database

IC2 First is a proprietary, web-based operational risk loss-event database that focuses on a qualitative approach to risk analysis. The database and information service presents case studies of operational risk incidents, describing the event triggers and consequences, with analysis of the contributory factors and control breakdowns.

The database is currently used by a number of financial institutions to support their best practices and qualitative approach to operational risk. But the new p

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