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Operations performance indexes

Back-office challenges continue, with further deterioration in the US Government Securities Operations Performance (USGOP) Index ending April at 246 basis points, a 20% decline in operations performance from the previous month and a significant decline from the 14bps measure one year ago. By contrast, the US Mortgage Backed Securities Operations Performance (MBSOP) Index improved significantly

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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