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September 28, 2009

Global Event Series 2009 on Operational Risk

Established methods of quantifying and managing operational risk will come under scrutiny as PRMIA members in almost 20 chapters gather to discuss lessons learned from the 2008 financial sector crisis in such areas as governance, due diligence, business strategy, reputation, fraud, model, custody and collateral risk and how extreme credit and market risk conditions impact operational risk.

Chapters involved in the operational risk series are listed below and will be holding events through November 2009. Events will continue to be posted throughout the next couple of months so please continue to visit the chapter pages of the chapters listed below for more information about their event.

Boston Indonesia New York Tokyo
Brazil Kolkata Ottawa Toronto
Bucharest Montreal Paris UAE
Denmark Mumbai Singapore Warsaw
Hyderabad Netherlands South Africa

Over 600 members took part in the member survey "Operational Risk Survey of Approaches and Implementation Practices". A detailed report including summary and analysis of the results will be made available to all members who took the survey. Sustaining members have access to the report through the exclusive content box on the PRMIA Homepage. PRMIA would like to extend special acknowledgment to Edward B. Dumas for his assistance in reviewing and structuring the survey questions and reviewing the content of the report. Edward B. Dumas is the Head of Risk, North America at DST Global Solutions, a leading provider of business solutions and services to the global investment management industry.

Posted by kgittins at September 28, 2009 10:10 AM

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