In the contemporary business landscape, information technology is the central nervous system of most organizations. Its ...

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 ...

Public debt managers are exposed to a wide range of potential risks that could be categorized in two main areas: financial risks and operational risks. Financial risks, such as interest rate risk and ...

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 ...

Large organisations face major challenges in identifying and managing operational risk. Well established factors that contribute to that operational risk include: emerging technology such as AI; ...

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 ...

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 ...

FORT SHAFTER, Hawaii-Using a closed-loop system of risk management, the 8th Theater Sustainment Command (8th TSC) assesses, evaluates and mitigates risk to its Army watercraft systems (AWS) while ...

Operational resilience is defined as an organization's capability to endure adverse disruptions, adapt to challenges and recover from events such as cyberattacks, natural disasters, supply chain ...

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