KRIs are useful tools, say risk managers, but can also be a source of frustration
Regulator emphasis and high-profile attacks keep cyber threat top-of-mind
Consultation on scrapping operational risk modelling is now expected in early 2016
Saudi Hollandi Bank's operational risk leader discusses implementation of governance, compliance and risk project
Cakes and candles can help risk managers get flavour right, argues Ariane Chapelle
Dutch bank retools risk management framework
Sanjay Sharma talks about risk transparency and how his book helps achieve it.
No significant benchmark reforms likely until regulators take the lead
The papers in this issue focus on value-at-risk and subexponential random variables, aggregating operational risk data, Bayesian analysis in operational risk, and IT risk.
Exclusive coverage of London event
Overhaul focused on simplifying op risk management
Frontline business may avoid addressing major risks
Highlights from London event
Risk review and challenge belongs on the front line, conference hears
This paper proposes a methodology to frame risk self-assessment data into suitable prior distributions that can produce posterior distributions from which accurate operational risk measures.
New head of Canada's risk institute says risk management benefits from multiple actors
Sponsored video: Elseware
Advantages include lower costs and capital
Risk disciplines at the UK's Royal Air Force face similar challenges to the financial sector
Last-minute AIFMD applications may be rushed through by regulator
Volume 9, Issue 2 (2014)
In the February 2014 editorial video, OpRisk's latest industry survey finds room for improvement in risk management
This year's survey of operational risk managers shows that the importance of operational risk management is becoming more widely accepted – but there is still no consensus on how to involve it in different areas of the business