MetricStream, the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions announced that its COO, Gaurav Kapoor, will join a distinguished group of operational risk experts at the discussion titled ‘The Big Picture: Managing Operational Risk at a Strategic Level’ on May 10, 2012 at New York. Mr. Kapoor will be part of an elite panel that includes risk experts, business leaders and operational risk heads from leading financial organizations across the globe.
While economic downturns loom large over financial organizations, a majority of the risks they face relate to operational aspects. Financial organizations have put in a considerable amount of effort in building a robust risk management system, but there still are some limitations in the capabilities of their risk frameworks. Spear-headed by experts in the domain, this panel discussion will enable operational risk executives to re-look at the way they have been managing operational risks and help them implement a more strategy-oriented risk framework.
The panel will explore ways in which financial institutions are elevating operational risk management to strategic levels, the challenges they encounter, and the value they derive from that effort. Some of the key themes that will be discussed are:
- Expressing operational risk appetite
- Employing scenario analysis to gain insight into executive management's top concerns
- Managing the operational risk inherent in regulatory change and infrastructure renovations
- Engaging with the business to better understand their exposures and jointly develop risk mitigation strategies
Says John Noto, RMA-NY Chapter Governor and Head of Operations Risk at Mizuho Securities USA Inc., “We are excited to host this panel discussion which brings together some of the best talent in the industry. Their insights and views on building an effective risk management framework will definitely help organizations to manage operational risks more efficiently.”
MetricStream’s Operational Risk Management Solution provides a comprehensive, advanced and centralized risk framework to document, analyze and monitor all risks confronting an organization. Built on an enterprise-wide integrated platform, the solution breaks down organizational silos, facilitating transparency, and streamlining the risk management processes across the enterprise. Configurable methodologies and algorithms help assess risks and provide a clear view of the organization’s risk profile. It also enables managers to prioritize their response strategies for optimal risk-reward outcomes.
About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management Solutions for global corporations. MetricStream solutions are used by leading corporations such as NASDAQ OMX, UBS, Constellation Energy, Pfizer, Philips, BAE Systems, SanDisk, Cummins and Sonic Automotive in diverse industries such as Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, Government and Manufacturing to manage their risk management, quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as several million compliance professionals worldwide via the www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at www.metricstream.com.
