Operational risk: Do we really need continuous monitoring?
David Millar, risk trainer and former COO at PRMIA, feels that technology is obscuring the implementation of risk management governance and standards. February 17, 2012 | David MillarIn my younger days I was seconded to the Bank of England on a consulting assignment. My CEO, over a dinner of City of London grandees, had enthused the then operations director of the Bank of England on the subject of Management Information Systems. Wouldn’t it be wonderful if a chief executive could, at the touch of a keyboard button, bring up all the information describing the running of his operation and, moreover, watch as this information changed in real time? Please login to read the complete article. If you already have an account, you can login now or subscribe/register.
Categories: Data & Analytics, Operational Risk, Risk & Performance, Risk and RegulationData & Analytics,Oprisk,Risk & Performance,Risk and Regulation, Data & Analytics,Operational Risk,Risk & Performance,Risk and Regulation, Keywords:Bank Of England, Live Data Monitoring, Risk Event, Risk Indicator Bank of England, Live Data Monitoring, Risk Event, Risk Indicator
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