Tags » Operational Risk

Failure of Knight Capital – Operations Risk

Here is a classic case study how the famous brokerage firm Knight capital failed. More than 2 years ago, Knight Capital suffered a loss of nearly half a billion dollars and needed to sell itself after a defective software resulted in nearly $7 billion of wrong trades. 1,022 more words

Financial Crisis

Risk Management Tools in Islamic Banking

Salman Ahmed Shaikh

In this article, we discuss the major risks that Islamic banks face in their commercial operations and the tools with which they mitigate these risks. 758 more words

Articles On Islamic Finance

First Working Day

As agreed I was picked up at 0815 by Doris and Lorena who lead me to the office. I got a very lovely welcome and was introduced to all people in the office. 192 more words

Microfinance

Monitoring Third-Party Risks

Vendor relationships create great opportunities for banks to reduce costs, but more importantly to access superior expertise that will allow them to enhance product offerings and increase customer satisfaction. 328 more words

General

Know if You Have Installed the Right Operational Risk Management Software for Your Business

Many companies have installed operational risk management software fearing the consequences they faced during the recent financial crisis. But have you been cautious enough to grasp if you have installed the best operational risk management software for your business and operations? 593 more words

Operational Risk