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You can't always get what you want

Managers are beginning to demand 'do it all' systems, but can the vendors deliver? By Dianne See Morrison

For several years now, it has usually been the largest financial institutions that have implemented software to measure operational risk across their firms. Other banks tended to experiment with 'modules' of software, such as a self-assessment product, a KRI tracking tool, or a capital calculation engine, or they cobbled together the modules for a firm-wide solution. Now, more and more banks are

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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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