Enter operational risk

Now is the time for op risk to show its worth

Based on the latest reports from the UK, the credit squeeze is far from over and banks are more pessimistic than ever. Enter operational risk! By implementing an effective operational risk management programme, financial services firms emerge as a more efficient, sleeker organisation, saving on operating costs, compliance costs and regulatory capital. Forward-looking scenario planning can also help firms prepare for the next round of market turmoil. Understandably, firms are looking to reduce

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