Operational risks exist in every financial organization, regardless of its size, in any number of forms including hurricanes, blackouts, computer hacking, and organized fraud. Managing those risks—however big or small—is critical to an organization’s success.
Amidst the ever-changing financial landscape, in which devastating events like the subprime mortgage crisis and international rogue trading have plagued the U.S. and European financial systems, addressing operational risk issues has become even more essential.
RMA’s Operational Risk Management (ORM) programs provide information on recent developments in this increasingly important discipline. We achieve this through the following initiatives:
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