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Operational Risk Management
Operational Risk Management

As defined under the Basel Banking Accord as the risk of direct or indirect loss resulting from inadequate or failed internal processes, people and systems or from external events.

Whatever your business and even before you have sold a product operational risk threats are prevalent. The ability to understand such exposures, both in likelihood of occurrence and impact ensures that you can prioritize effective control for the most serious of risks. Understanding causality of faults will also assist staff improve their business practices, reduce costly errors and maintain a high level of delivery to your customers.

Our goal is to help you dimension unknown threats, control existing as well as new exposures and to help the reduction of residual risk.

Features
  • Furnish management with information threats to the business.
  • Control and reduce threats and their impacts.
  • Help the business effectively cost potential damage.
  • Allow the business to meet regulation around quality control and capital assignment.

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