Results for tag: "Conduct Risk"

The Conduct Risk market within the context of Banking is a sector that focuses on the identification, assessment, monitoring and management of conduct risk. It is a relatively new area of risk management, which has grown in importance in recent years due to the increasing focus on customer protection and the need for banks to comply with regulations. Conduct Risk is a form of operational risk, which is the risk of loss resulting from inadequate or failed internal processes, people and systems, or from external events. It is a risk that can arise from the actions of employees, customers, suppliers, and other stakeholders. The Conduct Risk market within Banking is a highly competitive sector, with a range of companies offering services such as risk assessment, risk management, compliance monitoring, and customer protection. Companies in this market include Accuity, Fenergo, NICE Actimize, Oracle, SAS, and Wolters Kluwer. Show Less Read more