At the recent OpRisk Europe conference, The Institute of Operational Risk and Centre for Financial Professionals launched a survey on the future of Operational Risk.
The objective of the survey was to develop an understanding of the dynamic and evolving nature of the operational risk management practice from industry practitioners. In this regard we focused on developing a survey that would target the following core aspects of operational risk both at present, as well as possible directions for the future of the discipline:
• Current best practices and approaches to operational risk;
• Tools and skills being applied in practice;
• The directions the discipline may go in future.
We believe the survey represents the most comprehensive analysis of its kind of the current status and future development of the operational risk discipline.
The discipline is in good shape with a bright and exciting horizon ahead.