Sponsor's article > Operational Risk and its impact on Investment Managers: A system solution perspective

Also, under Basel II, regulators will be considering operational risk alongside market and investment risk when determining a bank's capital requirements. While no system can eliminate operational risk, there are back office system features that can enable a bank to manage and minimize operational risk.

Basel II defines operational risk as "the risk of loss from inadequate or failed internal processes, people and systems or from external events". A system solution cannot eliminate these risk