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Op Risk Benchmarking 2025: the FMIs

Exchanges and CCPs respond to regulatory scrutiny and evolving threats with tighter vendor management and scenario refreshes

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The world’s largest exchange and clearing house operators must make tempting targets for cyber criminals, holding as they do position data for every trading firm on the planet. Small wonder, then, that cyber threats run through the top five risks the cohort chose when surveyed – IT disruption, information security, regulatory

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