Operational Risk

In the past many organisations accepted operational risk as an unavoidable cost to doing business. Many now collect data on operational losses - for example through system failure or fraud - and are using this data to model operational risk. King III calls for a more focussed and measurable approach to corporate governance, and the sound management of your operational risk is not only key to your business's success, but also an accepted requirement.

Informed Risk Consulting has a holistic approach to assisting in managing your operational risk:

• Data acquisition & scrubbing
• Relational analytics
• Risk assessment and analysis.
• Risk model development.
• Risk Response Planning and Execution.
• Process compliance assessments