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Natural selection -- Software rankings

This year’s OR&R software survey shows that not only is operational risk management expanding way beyond its initial remit, but governance, risk and compliance is also establishing itself as a firm favourite among those looking to weather recent market adversity through integration

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It is always challenging to sell a new product. Operational risk – still a new concept in the banking and financial realm – is fairly well established after a decade or more of development. By contrast, governance, risk and compliance (GRC) is still in evolving as an approach to marrying together the linked but separate functions

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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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