'Have your cake and eat it': efficient op risk reporting

Cakes and candles can help risk managers get flavour right, argues Ariane Chapelle

cake-candle

Management reporting is challenging. Risk reporting is worse. In these matters, the balance between too much and too little is hard to find. Too much, and risk committee documents approach 200 pages that no-one will read. Too little, and information gets summarised so much that it becomes meaningless. In both cases, important insights are hidden either in the mass of documents, or in aggregated ratings. It's useless at best, and dangerous at worst.

One of the challenges of risk reporting is the

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