1 Mar 2017

HOW MUST FINANCIAL INSTITUTIONS PLAN AND PREPARE WHEN CHARTING A JOURNEY TOWARDS OPERATIONAL RISK MANAGEMENT?

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People, Process and Technology, the Operations Ecosystem, is fast evolving, and posing new challenges and risks for the senior management.  Time and again the robustness of an organization’s machinery is undergoing a test of its design, its capability maturity and its operating effectiveness.  Recent and recurring market and industry risk events have re-emphasized the need for Indian Financial Institutions to recognize their failures resulting from sub-standard business practices and inadequate technology investments, and to position renewed energies into Operational Risk Management.

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