Operational Risk Management Systems - Case Study

<p>&nbsp;</p>

<p>What are the factors needed for a successful implementation of an operational risk management (ORM) system? How can the benefits be realized in the post implementation phase? This study is drawn from the experience of a mid-sized North American retail bank that completed its system implementation and roll-out in nine months to comply with Sarbanes-Oxley deadlines and Basel 2 guidelines. Because of the urgency, it had to implement the ORM system using its existing business structure with time for only very limited business re-engineering. It can be argued that the full benefits of an ORM system require the implementation and continual monitoring of best business and risk management processes and practices.</p>

<p>Topics covered include:</p>

<ul>
<li>Factors required for successful implementation of an ORM system in a financial institution</li>
<li>User expectations and benefits realization</li>
<li>Necessary factors for optimum use of an ORM system</li>
</ul>

<p>&nbsp;</p>

  • LinkedIn  
  • Save this article
  • Print this page  

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@chartis-research.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Chartis Research? View our subscription options

You need to sign in to use this feature. If you don’t have a Chartis account, please register for an account.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here.