Man Group plc is a leading global provider of alternative investment products and solutions, as well as one of the world’s largest futures brokers. In the sectors in which it is active, particularly hedge funds, operational risk is the chief danger the company faces. In order to understand and respond to the many facets of this risk, as well as to hold sufficient capital against possible losses, the company needs information on what might go wrong and what it would cost if it did.
Source: Operational Risk & Regulation | 21 Nov 2005
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