Measuring risk is an important managerial task that affects the continued well-being of businesses. One method for monitoring risk is the balanced scorecard approach, which contains performance ...

WASHINGTON ― Most of the offshore oil and gas industry operating in the Gulf of Mexico has shown considerable improvement in systemic risk management, which is now approaching a middle stage of ...

Discover how a risk management framework helps companies identify, manage, and limit risks while balancing growth and protecting capital and earnings.

Credit risk is defined as the probability that a bank borrower or counterparty will fail to meet their obligations in accordance with agreed terms. The goal of credit risk management is to maximize a ...

The U.S. bank supervisory agencies recently issued for public comment revised guidance regarding the implementation of the proposed Basel II-related, risk-based capital requirements. Among the ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

Companies that want to achieve a sustainable and profitable business need to focus on three dimensions of their operations, generally speaking. First is value protection, a foundational concern that ...

From fires to employee errors, all businesses face risks. Starting a business without risk is impossible, so to run successful businesses, small-business owners must understand and prepare for the ...

Welcome to the fourth issue of Volume 20 of The Journal of Operational Risk. My conversations with industry practitioners and academics these days always begin and end on the subject of artificial ...

As a committed operational risk professional, I cannot help but stare in amazement amidst all the financial ruin and desolation that surrounds us. There has been a lot of hand-wringing and ...

For years, financial institutions, payment providers and treasury platforms have treated foreign exchange risk management and operational functions as independent domains. Businesses process payments ...

In an era where IT and security operations are deeply intertwined, visibility gaps can quickly escalate into business risks.