Protiviti
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…
A question of discipline
Op risk is showing signs of maturing, although there is still much work to be done. So delivering value to the business continues to be a substantial challenge, according to a new survey
Resolving the confusion
Risk control self-assessments have become a Tower of Babel for the op risk discipline, with a variety of different approaches being taken. Ellen Davis reports
Keeping an eye on complacency
When it comes to AML initiatives, companies are displaying a worrying disregard for the perils of this criminal threat, despite recognising it as such. By Ellen Davis
Continuity is the key
Firms do not seem to be taking business continuity planning as seriously as they should, or indeed even as much as they have done in the past. By Ellen Davis
A secure approach
Compliance wins the race to drive IT security, with efforts concentrated less on tools and more on policy. By Protiviti's Greg Hedges and Claudia Gomez
The broadening scope of op risk management
Op risk programmes are no longer just about Basel II, according to the latest OR&C Intelligence survey. Ellen Davis reports
Operational risk continues measured progress
Expected benefits drive progress. By Protiviti's Michael Schuchardt and Brian Boyd
Operational risk spending increases
A new survey finds increased spending on op risk technology and replacement of first-generation solutions. By Protiviti's Scott Gracyalny and Scott Wisniewski
Could do better?
Some industry participants believe US supervisors' approach to Basel II implementation is flawed, according to a survey by OR&C . By Ellen Davis
The great Basel II debate continues
Regulators have earned mixed reviews on Basel II implementation. By Protiviti's Angela Isaac and Cem Baydar
The growing maturity of op risk and compliance
In Operational Risk ’s second annual survey on compliance, executives focus on the cost of regulatory initiatives. By Dianne See Morrison
A consolidating market
Operational risk software vendors say the market is shaping up, but is this view still too optimistic? By Dianne See Morrison
Mandate expands, but money doesn’t
Operational risk managers face two contradictory forces: greatly increased responsibility but not-so-greatly increased resources, according to our third annual global operational risk survey. By Ellen Davis
Time to get motivated on modelling
Lack of historical data is hampering financial firms from creating the type of op risk models they must have in place for Basel II compliance. By Oonagh Leighton
New software solution from Protiviti
CHICAGO, ILLINOIS - Protiviti, the US-based consulting company formed by past partners of Arthur Andersen, has launched a new op risk software product. Protiviti enters a market-place that is in a state of evolution - although mergers are common, so are…