Operational Risk Losses in Practice

Over the past few years, operational risk has gained much attention in the financial services industry. This is partially because many of the largest losses in the financial industry have their roots in the failure of operational risk. As the financial technology...

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How Companies Choose Their Risk Profile

Once a company's firm-wide risks are identified and measured, the question becomes "What is the bet risk profile for the firm?" Active risk management can add value by helping a firm attain what it believes to be its appropriate risk profile, whether it takes the form...

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What are Bitcoins?

What are Bitcoins?

Over the past few weeks the talk about bitcoins has been taking importance and almost every media publication is talking it. Some people are looking at it as the future of ecommerce, while others are pessimistic and think it’s just a bubble. So, what exactly are...

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