Learn about model risk, its causes, management strategies, and real-world examples from financial industry pitfalls. Unlock ...

The U.S. bank supervisory agencies recently issued for public comment revised guidance regarding the implementation of the proposed Basel II-related, risk-based capital requirements. Among the ...

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 ...

Operational real estate is not a trend driven by novelty; it is a response to market reality. For allocators reassessing portfolio durability, understanding the difference between operational and ...

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 ...

Jireh, a reinsurance innovation solutions provider, and Strategic Risk Solutions (SRS), an independent insurance company ...

How AI Is Integrating Fire Prevention Into Modern Security Service Models Fire prevention is no longer treated as a ...

Proposed changes to international reporting regulations could compel banks to spend perhaps tens of millions of dollars on technology over the next several years. The purpose of the regulations is to ...

Operational risk is the potential loss to earnings due to people, processes, technology, and external events. Earlier this summer, Deutsche Bank also agreed to pay $75 million in lawsuit settlements, ...