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• Operational Risk Solution:

Operational Risk, the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events, is becoming a major component of modern risk management practices. By analyzing their operational risks, many institutions have realized that they are exposed to hidden, unwanted operational risks that decrease their absolute amount of earnings and increase earnings volatility. They have witnessed significant benefits by focusing on operational risk management.

This solution actively assists the process of managing operational risks by providing a solid framework to analyze and control:

•  Activities performed by various organizational units
•  Processes and Process steps
•  Risks & Risk Events
•  Self-assessment of Risk & Controls
•  Key Risk Indicators
•  Actual Operational Losses
•  Action Plans

>> download RV Operational Brochure (.pdf)