Data and systems top concern for op risk managers, says survey

LONDON – The key issue facing operational risk managers is the management of data and systems, according to a survey of op risk executives conducted by Ordnance Survey at the 2010 OpRisk Europe conference held in London in July. The same survey last year showed op risk managers were most concerned with gaining adoption of enterprise wide risk management, and ranked data and systems as the least important.

In the survey of more than 50 op risk managers, more than 70% of respondents chose data and

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