Op Risk Information Strategies
Op risk information strategies must be flexible and should be about more than the problem of risk quantification, says David Withey.
The data and processes that need to be incorporated into an operational risk management system are extremely varied, and often complex.
But this is not the biggest problem facing the new generation of op risk managers at financial institutions.
The biggest problem is the need for flexibility. That is, the need to link risk information, directly and indirectly, to
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