14 July 2019

Is there safety in numbers for op risk? One regtech thinks so

Written By James Ryder, Risk.net

Is there safety in numbers for op risk? One regtech thinks so

Given its sheer breadth, operational risk manages to be at once the biggest, flashiest, most out-of-control of hazards, yet also the one that is the most sub rosa, anecdotal and impervious to metrics.

A young regulatory tech firm claims to have an answer. Acin, just two years old, has been compiling a reference library of op risks and controls among the 12 banks it now serves.

Read the full story on Risk.net

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