Measuring risk is an important managerial task that affects the continued well-being of businesses. One method for monitoring risk is the balanced scorecard approach, which contains performance ...

Discover what the Professional Risk Manager (PRM) certification entails, including exams, career opportunities, and its importance in financial risk management.

Credit risk is defined as the probability that a bank borrower or counterparty will fail to meet their obligations in accordance with agreed terms. The goal of credit risk management is to maximize a ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

Companies that want to achieve a sustainable and profitable business need to focus on three dimensions of their operations, generally speaking. First is value protection, a foundational concern that ...

From fires to employee errors, all businesses face risks. Starting a business without risk is impossible, so to run successful businesses, small-business owners must understand and prepare for the ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...

Welcome to the fourth issue of Volume 20 of The Journal of Operational Risk. My conversations with industry practitioners and academics these days always begin and end on the subject of artificial ...

For years, financial institutions, payment providers and treasury platforms have treated foreign exchange risk management and operational functions as independent domains. Businesses process payments ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. This article has ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Both PricewaterhouseCoopers and NetRisk have contributed staff ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. SAS OpRisk Global Data is the world's largest, most comprehensive and ...