Op risk a major factor in outsourcing destinations

MANAGEMENT INTELLIGENCE

Discussing Managing operational risk, outsourcing and cyber security at the Invest Northern Ireland (Invest NI) opening of its New York office, Allen said American financial institutions will be working with national associations of outsourcers in different countries to ensure they meet their risk management requirements.

"There is greater focus by financial institutions' CEOs on op risk because of Basel II and SOX. Already, we are working with the national association of outsourcers in India to

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Investment banks: the future of risk control

This Risk.net survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

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