Since Optial can be configured to
support differing risk management methodologies
on the same code base, it provides institutions
with a customized application to support their
own choice of how best to manage operational risk.
Optial's Basel ii software provides multiple components
for streamlining the identification, assessment,
monitoring and management of operational risks,
including:
Ultimately the bottom line with operational risk
management for financial institutions is two-fold:
- Firstly, regulators will take into account
the operational risk management framework in
place when assessing operational risk related
capital requirements - in line with Basel ii.
By setting into place a demonstrably robust and
effective framework, banks will be subject to
a lower capital charge.
- Secondly, institutions will benefit inherently
from a framework which controls risk in an effective
and accountable way. Increasingly, being able
to demonstrate the proper management of operational
risk is essential not only for regulators but
for shareholder value.
Please register for
further information or to arrange a demonstration .
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