Many Financial Institutions Yet To Align Operational Risk Management With Strategy, KPMG And RMA Survey

  Image Source: Google Images

Image Source: Google Images

Aligning operational risk management (ORM) with strategy is critical for financial institutions to effectively identify, assess and mitigate risks, however many have yet to fully align risk and strategy, according to a new survey report released by KPMG LLP, the U.S. audit, tax and advisory services firm, and The Risk Management Association (RMA), a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk management principles in the financial services industry. For further information, please read the report, KPMG/RMA Operational Risk Management Excellence – 2015 Global Heightened Practices Survey Executive Report.

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