Landesbanken's operational risk management tool

This wait-and-see policy may now pay off. A group of Landesbanken has jointly developed an operational risk management tool that they are now pitching to other banks in Germany - and abroad. The web-based software, dubbed Operational Risk Center (ORC), comprises four modules for: creating a loss database, conducting a self-assessment, establishing a risk profile and risk factors.

ORC is cheaper than other off-the-shelf operational risk tools, compatible with all IT systems, and because of its

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Next-generation technologies and the future of trading

At a Risk.net webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

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