**In an interview conducted this May in London, Neeta Atkar, former group operational risk director at Lloyds Banking Group, discussed operational risk practices with RMA Journal editor Kathleen M.

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

Regulators' revised Basel operational risk capital framework makes it easier for the largest U.S. banks, known as Category I and II firms, to calculate how much unborrowed money they must hold to ...

Artificial intelligence has become central to supply chain risk management. Companies are deploying predictive models, control towers, and agentic systems to monitor disruptions across suppliers, ...

The Age of Operational Resilience. By the second decade of the twenty-first century, most banks had invested enormous sums in ...

The gap between AI and traditional risk modelling is substantial. Traditional models often fall short when dealing with complex, non-linear relationships. In contrast, AI models thrive in detecting ...