What is Operational Risk?

What is Operational Risk?

Olaf provides an introduction to Operational Risk and clarifies what Operational Risk or "OpRisk" is, why it matters and why it is relevant.
Overview

It is of huge importance for all organisations to consider their operational risks as the impact can be catastrophic if appropriate measures are not put in place and controlled. In order to do this, people should understand why and how we do things, in order to create greater value to their customers.

Key learning objectives:

  • What is OpRisk?

  • Why does OpRisk matter?

  • Why is it important to your business?

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Summary
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Expert
Olaf Ransome

Olaf Ransome

Olaf helps banks and FinTechs master their processing; optimising control, capacity and cost. In the last 30 years, Olaf has worked in Investment and Private Banking, helping banks change their infrastructure to support new business or expand business.

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