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Operational risk

Operating optimally

The increase in energy trading in recent years has brought significant ­opportunities but also a rise in operational risk, leaving systems struggling to keep up. Barney Brown at Detica identifies some areas of operational risk deriving from both internal…

Bringing down the house

There is evidence to support the claim that the subprime mortgage crisis in the US may have had its roots in operational risk problems. But just what caused the crisis, and could it have been averted if the firms involved had robust op risk frameworks in…

In the line of fire

In the global fight against money laundering, financial institutions are developing various hi-tech weapons. Peter Madigan reports

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