Money A2Z Web Search

Search results

  1. Results From The WOW.Com Content Network
  2. Operational risk - Wikipedia

    en.wikipedia.org/wiki/Operational_risk

    e. Operational risk is the risk of losses caused by flawed or failed processes, policies, systems or events that disrupt business operations. Employee errors, criminal activity such as fraud, and physical events are among the factors that can trigger operational risk. The process to manage operational risk is known as operational risk management.

  3. Operational risk management - Wikipedia

    en.wikipedia.org/wiki/Operational_risk_management

    Operational risk management ( ORM) is defined as a continual recurring process that includes risk assessment, risk decision making, and the implementation of risk controls, resulting in the acceptance, mitigation, or avoidance of risk. ORM is the oversight of operational risk, including the risk of loss resulting from inadequate or failed ...

  4. Standardized approach (operational risk) - Wikipedia

    en.wikipedia.org/wiki/Standardized_approach...

    e. In the context of operational risk, the standardized approach or standardised approach is a set of operational risk measurement techniques proposed under Basel II capital adequacy rules for banking institutions. Basel II requires all banking institutions to set aside capital for operational risk. Standardized approach falls between basic ...

  5. Enterprise risk management - Wikipedia

    en.wikipedia.org/wiki/Enterprise_risk_management

    Enterprise risk management ( ERM) in business includes the methods and processes used by organizations to manage risks and seize opportunities related to the achievement of their objectives. ERM provides a framework for risk management, which typically involves identifying particular events or circumstances relevant to the organization's ...

  6. Financial risk management - Wikipedia

    en.wikipedia.org/wiki/Financial_risk_management

    Financial risk management is the practice of protecting economic value in a firm by managing exposure to financial risk - principally operational risk, credit risk and market risk, with more specific variants as listed aside. As for risk management more generally, financial risk management requires identifying the sources of risk, measuring ...

  7. Governance, risk management, and compliance - Wikipedia

    en.wikipedia.org/wiki/Governance,_risk...

    Governance, risk management, and compliance are three related facets that aim to assure an organization reliably achieves objectives, addresses uncertainty and acts with integrity. [ 6] Governance is the combination of processes established and executed by the directors (or the board of directors) that are reflected in the organization's ...

  8. ISO 31000 - Wikipedia

    en.wikipedia.org/wiki/ISO_31000

    ISO 31000. ISO 31000 is a family of international standards relating to risk management codified by the International Organization for Standardization. [ 1] The standard is intended to provide a consistent vocabulary and methodology for assessing and managing risk, resolving the historic ambiguities and differences in the ways risk are described.

  9. Process risk - Wikipedia

    en.wikipedia.org/wiki/Process_Risk

    Process risk. Process Risk is considered to be a sub-component of operational risk. It exists when the process that supports a business activity lacks both efficiency and effectiveness, which may then lead to financial, customer, and reputational loss. This form of risk may be present within any stage of a business transaction.