A fragmented and incomplete view of risk at banks may result in bigger overall exposures says Economist Intelligence Unit research
Apr 16th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The inability to aggregate risks quickly and accurately across an entire bank may lead to a higher level of risk at the enterprise level, even as banks strengthen their governance, risk and compliance (GRC) practices within functions and business lines. So suggests Strengthening governance, risk and compliance in the banking industry, an Economist Intelligence Unit research report, sponsored by SAP.