Risk Europe: Operational risk key to enterprise risk management
Op risk should play a dominant role in the development of ERM, says Thomson Reuters’ Philippe Carrel
Operational risk techniques should be used more prominently within the models used for managing other risk types, according to Philippe Carrel, executive vice-president, risk and trade management at Thomson Reuters.
Operational risk's role should come to the fore within a broader enterprise-wide risk management framework (ERM), he said, rather than current tendencies for risk management to consult
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