What is the future of operational risk?
- 9 November 2017
We have recently published a major new study on the future of operational risk, which was carried out over the last year in partnership with McKinsey and Co.
The study involved speaking to Chief Risk Officers from 15 member firms with the aim of identifying the strategic challenges that financial firms must address if they are to manage operational risk more effectively.
The study gave ORX the chance to frame the debate and through that debate, create an agenda for the future of operational risk management.
We identified five areas that need strengthening if operational risk management is to be reinvented.
Our initial findings were presented last year, but the full report is now available to download.