The risk universe is simply a list of all possible risks. They may fall into such categories as operational risk, regulatory risk, legal risk, political risk, strategic risk, information ...

Operational Risk Operational risks are the various risks that can arise from a company's ordinary business activities. The operational risk category includes lawsuits, fraud, and personnel problems.

Citi’s latest blunder isn’t just a glitch—it’s a flashing warning sign that operational risk is still a ticking time bomb in banking,” Anna Kooi, national financial services and ...

To manage compliance risk, organizations must stay vigilant: That means continually updating governance risk management frameworks, and ensuring accountability across all levels of the organization.

EU OR 3: Covers operational risk own funds requirements and risk exposure amounts. The new requirements are twofold: the BIC applies both to Pillar 3 disclosures and to the broader EU Banking Package.

SAN JOSE, Calif., November 14, 2024--Uniqus Consultech, a tech-enabled global platform today announced the launch of Risk UniVerse.

Operational Resilience (OpRes) evolved from operations risk management and Business Continuity Plan (BCP) that banks have been following.

Artificial intelligence-powered supply chain management software firm Verusen today announced the launch of AI for Spare Parts Criticality, a new evaluation and optimization solution that understand ...