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Article: Getting to know RMA's OpRisk Tools[SM]: Part 1: Who benefits from OpRisk Tools and how does OpRisk Tools differ from the alternatives?(Operational Risk)(Risk Management Association)
- Article from:
- The RMA Journal
- Article date:
- December 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 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, on-line, Web-based risk management solution developed by RMA to help all institutions--especially those between $100 million and $5 billion--manage operational risks 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. Development of OpRisk Tools is led by Charles Taylor, RMA's director of Operational Risk since 2002. Taylor's broad background includes managing director for strategy development at Depository Trust & Clearing ...