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Article: Getting to know RMA's OpRisk tools[SM]: Part 2: what are the modules and what's the investment?(Operational Risk)(Risk Management Association)
- Article from:
- The RMA Journal
- Article date:
- February 1, 2006
- Author:
CopyrightCOPYRIGHT 2006 The Risk Management Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OpRisk Tools[SM] is a comprehensive, online risk management solution developed by RMA to help all institutions--especially those with assets of between $100 million and $5 billion--manage operational risks arising from inadequate or failed internal processes, people, and systems or from external events. The Sarbanes-Oxley module assists those required to conform to SOX 404 as well as those who wish to gain better control of their risks by complying with this regulation. Charles Taylor, director of Operational Risk at RMA, led the development of OpRisk Tools. Taylor's broad background includes such positions as managing director for strategy development at Depository Trust ...