News Risk Management14 Nov 2018

Many financial institutions not using operational risk management to challenge business models

| 14 Nov 2018

Aligning operational risk management (ORM) with strategy could enable strategic change, improve business performance and enhance customers' experience for financial institutions. However, only half of firms surveyed with less than $250bn in assets leverage ORM to challenge business models, according to a report by KPMG and the Risk Management Association (RMA).

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