5th Fraud & Operational Risk Summit September 12, 2011

Operational risk has been a major cause of institution failure during the financial crisis. This year’s event is a must-have for risk and IT managers to keep up to date.

The Summit brings together risk management and IT audit professionals who are working on identifying, analysing, managing, preventing, controlling or auditing operational risks. In addition to discussing the management of operational risks, BACEE has teamed up with ISACA and IOR to provide an extra searchlight on the management of information technology related risks. There will be an extra focus on fraud risk and on business continuity management in separate breakout sessions to maximize the benefit of delegates by attending more targeted presentations. The speakers’ panels will include representatives of Banking regulatory and professional bodies, central banks, risk analysts, oprisk managers, and independent IT auditors and consultants who are experts on their fields. Delegates will have the opportunity to understand the issues facing operational risk management, the latest developments, gain insight into the operational risk management practices of top commercial banks, learn methods to cope with information technology related risks, and they also have the opportunity to understand the offerings of risk management software providers. Delegates will further have an opportunity to hear from fraud prevention experts and from business continuity management specialists.

Topics in a nutshell:

● Operational Risk Management in the Post-Crisis Period

● Analysing Operational Risk on the Level of Separate Financial Institutions and System-Wide

● Information Security – Old and New Tasks

● The Basel Accords and Operational Risk

● Stress testing including reverse stress testing

● Implementing a Business Continuity Plan – balancing cost, benefit, risk and probability

● BCP challenges for Information Technology

● Fraud and the challenge of organised crime

● The process approach to fraud risk management

● Fraud identification techniques and their effectiveness

● Developing a global anti-fraud strategy

● Embedding Oprisk throughout the bank – creating an operational risk culture

● What the Oprisk professional associations can give you as a risk manager

● The challenges of day to day risk management

● Risk Performance Management – Assessing and Quantifying Operational Risks to Facilitate Decision Making

● The practical benefit of external loss data – Experiences of an Operational Risk Consortium

● Data Security – How to Prevent Breaches?

● Enterprise Security Risk Management – Issues and Challenges

● IT Risk Management from a Financial Supervisor’s Perspective

● Operational Risk Management – lessons of the Crisis

Conference information provided by konferenciakalauz.hu

Official Website: http://www.bacee.hu/fraud_and_oprisk_summit.aspx