The increasing dynamism and complexity of the modern business environment has put risk management high on the agenda of all financial institutions. This growing consciousness has been complemented by various regulatory initiatives, not only to standardize global practices but also to paint a road map towards increasing sophistication. At the heart of this change is technology.
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Chartis Research recently released its latest research report titled “Operational Risk Management Systems 2008 – Market Analysis”. This report contains in-depth analysis of the Operational Risk Management System market.

Pat Medapa, Director, Operational Risk and GRC Practice at RiskTech has contributed a chapter on “Operational risk and compliance under a common governance umbrella”

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