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The Difference Between Strategic and Operational Risk

Reciprocity

On the other hand, confusion about risks – and especially about strategic and operational risks – undermines an organization’s ability to manage risk well. This article addresses common questions about strategic and operational risk, such as: What are strategic risks and operational risks? Non-Business Risks.

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Choosing a Governance Risk and Compliance Tool: Constant Vigilance

Reciprocity

To succeed, a business is well advised to use a dedicated GRC tool; the right one allows you to stay aware of your organization’s risk posture, align your business and strategic objectives with information technology, and continually meet your compliance responsibilities. What Are the Benefits of Using a GRC Tool? Improved Coordination.

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What Is Enterprise Risk Management & Its Importance

Reciprocity

There are many different types of risks, such as operational risks, financial risks, or strategic risks; as well as others including reputational, regulatory, or cybersecurity risk. ERM looks at risk management strategically and from an enterprise-wide perspective. ERM also has financial benefits. What is ERM? Monitoring.

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Sustainability Reporting Accelerator

Advancing Analytics

We recently completed a project with a leading financial services provider in the UK, offering financial solutions to clients, brokers, and businesses of all sizes and specialisations.

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Pure Storage Announces Breakthrough STAC-M3 Benchmark Testing Results for High-performance and Quantitative Trading

Pure Storage

Financial firms are constantly on the lookout for data platforms that offer better performance, scalability, and reliability for their quant analysts, data scientists, risk managers, and others supporting their trading teams. This is the first solution Pure Storage has submitted for a STAC-M3 audit. β1.10T.THEOPL.TIME).

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5 Steps To Developing A Corporate Compliance Program

Reciprocity

More broadly, a corporate compliance program reinforces a company’s commitment to mitigating fraud and misconduct at a sophisticated level, aligning those efforts with the company’s strategic, operational, and financial goals. Set up a mechanism for monitoring and auditing. Elements of a Strong Compliance Program.

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

Your ERM program should encompass all aspects of risk management and response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters. The result should be better, more strategic decision-making. Key Elements of Enterprise Risk Management.