Malmgren tells IOR: Op risk managers should track geopolitical developments

Geopolitical developments feed into op risk

LONDON – Operational risk managers need to be aware of how geopolitical developments will have a direct effect on financial services firms. That was the premise of the Institute of Operational Risk's inaugural lecture given by Philippa Malmgren, president and founder of financial firms the Canonbury Group and Principalis Asset Management, in London.

Malmgrem set out the economic picture of the world suffering from the after-effects of the global financial crisis. Inflation spikes and a rise in