The concept of risk management for financial markets for many firms is still primarily market and credit risk; whilst these risks are important, operational risk management and compliance in this volatile and unpredictable environment is of significant importance, especially as it deals not only with events that affect financial services providers, but those that affect all business such as natural disasters.

With growing developments in technology, and the recent trend of consolidation amongst financial service providers resulting in much larger institutions, it’s imperative for firms to understand the risk they are or could be facing locally, regionally or globally. It’s through this understanding that the next step of developing procedures, processes and systems to alleviate this risk can be undertaken.

aCCelerate*

aCCelerate is a combination of comprehensive functionality, highly effective modern architecture and in house intellectual capital, providing a market leading user intuitive approach to Operational Risk Management. Read more…

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