Two Day Operations Risk Management & Mitigation Course: Assessment to Implementation - Dubai, United Arab Emirates - January 8-9, 2017 - Research and Markets

DUBLIN--(BUSINESS WIRE)--

Research and Markets has announced the addition of the "Operations Risk Management & Mitigation - (Assessment to Implementation)" conference to their offering.

This is an intensive course on Operational Risk Management & Mitigation - from assessing the operational risks to how to implementing a working, viable operational risk management system. Aimed at the financial services industry this course explores the Operational Risk management function and mitigation requirements as mandated in the Basel Accords.

A key objective of this course is to move the participants beyond the operational risk compliance requirements set down in the Basel Accords to an understanding of managing operational risk as a value added proposition that can be instrumental in increasing the profitability of the bank while at the same time improving its structural strength.

This course is an intensive introduction to Operational Risk Management and Mitigation. It is designed to provide a practical hands-on approach to participants which will furnish them with all the tools and techniques they need to begin implementing what they have learned almost as soon as they return to the office.

The underlying course philosophy is to move the participants beyond the largely theoretical international compliance requirements for operational risk (specifically those contained in the Basel Accords), and into an understanding of the practice of operational risk management and an ability to actually implement these procedures.

Bad Operational Risk Management has a severely negative effect on financial institutions in four very clear ways;

- Actual operational risk losses are a direct hit to the income statement. Equally the massive fines being paid have the same effect.

- The market punishes companies, via the stock price, for operational risk failures. This loss of value could well exceed the actual financial loss experience by the risk event in the first place.

- Lowered Credit Ratings, which raises the institutions cost of borrowing money in the marketplace.

- Operational risk failures can vastly increase the cost of compliance by raising the level of regulatory scrutiny and complexity not to mention substantial penalties.

For more information about this conference visit http://www.researchandmarkets.com/research/d5nwc3/operations_risk

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