Operational risk scenario analysis has existed for a long time. Why is it under more scrutiny now? Patrick Naim, Elseware: I wouldn’t describe it as scrutiny so much as more ambitious objectives for ...

SardineAI Corp announces the release of a fraud risk operations guide focused on the distinction between machine learning vs generative AI as an operational consideration within financial crime ...

Operational risk remains one of the least visible, yet most consequential, challenges facing family offices today.

AI without business context fails to drive supply chain decisions. Predictive models and control towers generate signals, but ...

Key insight: The proposal simplifies operational risk capital for the largest banks. Forward look: Critics warn lower capital could raise systemic risk as in prior crises. Key quote: "The proposal ...

Why industry leaders must look past the hype to the hard realities. Artificial intelligence is transforming banking at unprecedented speed — powering fraud detection, compliance automation, credit ...

Atkar: Not necessarily on operational risk. For instance, the recent Basel paper on the treatment of insurance to mitigate operational risks proposes arguably a more complicated approach than ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

ExecutiveSearch.co introduces a proactive executive placement strategy designed to align leadership with deal strategy ...

Boards formally treat model risk as important, but in practice many banks treat it as a compliance box-ticking exercise that only attracts senior attention when something visibly breaks or a regulator ...