This latest report from ORX looks at how the financial services industry is evolving and the impact this will have on operational and non-financial risk in terms of both the challenge and the opportunity. It explores what operational and non-financial risk can do to ensure it truly maximises the value it delivers as the business changes.
Download the free report to make sure you're prepared for the future of operational and non-financial risk management. As a newsletter subscriber, you're getting access to the report before we share it publicly! And, we've also recorded a webinar for you to watch to find out even more about the report.
Continuing with the theme of digitalisation and preparing for the future, take a look at our recent blog post from Simon Wills, ORX Executive Director, on the principles of active risk management. The key principles are:
The latest Top Risk Review report is now available to buy. This report, published in June 2021, provides insight into the key current top operational risks facing the financial services industry, with results based on the personal opinions of risk professionals from 60 organisations across our global membership.
In this episode of the ORX podcast, Steve Bishop, Melanie Lavallin and Luke Carrivick discuss the work being done in financial services to develop and implement approaches to operational resilience. Listen to the episode online or search for 'The ORX Operational Risk Podcast' on your podcast app to find the episode.
Discover the largest operational risk losses reported by the ORX News team in June. The operational risk events include a payment of USD 70 million for misleading customers and supervisory failures and a payment of USD 15.8 million for misleading investors.
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