RiskSpotlight Portal
"World's first forward-looking operational risk content service."
Operational Risk Horizon Scanning
The RiskSpotlight Portal is the ideal partner for pro-actively monitoring emerging operational risks, best practices, regulatory updates, and external loss events. Tailored to meet the needs of diverse organizational roles, our comprehensive content and insights empower you to manage risks effectively and maintain regulatory compliance. The external content can inform risk & compliance activities for following stakeholders:
- Risk and Control Owners within the 1st line
- Risk Champions within the 1st line
- Group Risk Functions
- Group Compliance Functions
- Risk Governance Committees
- Internal Audit
- Group Business Functions (e.g. IT, Finance, HR)
- Specialist Risk Functions (e.g. Cyber Risk Team, Financial Risk Team)
Monthly Deep Dives
- Our deep dives feature offers in-depth analysis of current operational risk topics prioritised by our subscribers
- Each deep dive provides:
- concise and specific analysis
- focused on key operational risk aspects
- highlighting effective mitigation strategies
- The deep dives are essential for keeping your risk management strategies current and robust
- You can download a sample deep dive from here
OpRisk Radar Dashboard
- Highlights key emerging risk topics that you should be monitoring
- Topics are identified by daily monitoring of 100s of global risk news sources
- Topics are continuously ranked by level of recent media coverage
- Provides digestible current information for proactive risk management
- Enables prioritisation of scarce resources to the most critical and emerging operational risks
- Reduces the risk of overlooking important developments by highlighting key areas of concern
Comprehensive OpRisk Library
- A detailed library of 126 fundamental operational risks developed specifically for financial services
- The library contains fully linked suggested content:
- 451 Causes
- 1,102 KRIs
- 1,117 Controls
- 80 Impacts
- Based on best-practice frameworks (Basel Sound Principles, ISO 31000, COSO ERM)
- Save up to 80% time and cost in developing your OpRisk Library
- Benchmark and enhance your existing library, assuring stakeholders by aligning with external best practices
Scenario Library
- Curated collection of severe and plausible operational risk scenarios
- Based on a fictitious bank (RWS Group), each scenario is documented in detail covering:
- Background
- Scenario Timeline
- Financial Impacts
- Non-Financial Impacts
- Crisis response
- Failed controls
- Insurance analysis
- Key lessons learnt
- Utilise to assess and strengthen resilence and response strategies
- Adapt to create tailored in-house scenarios
- Opportunity to have custom scenarios designed for your organisation
- You can download a sample of a scenario from here
External OpRisk Events
- A dashboard of key external operational risk events in the financial services industry
- Each event is documented in detail covering:
- Summary & Timeline
- Causes & Controls
- Financial Impacts
- Customer Impacts
- Reputational Impacts
- Operational Impacts
- Regulatory Impacts
- Technology Impacts
- Events are added and updated every week
Additional Portal Content Features
- Weekly operational risk news podcast of maximum 10-minute duration
- Weekly wordcloud highlighting 50 most common operational risk terms
- Fully searchable repository of 60,000+ news articles categorised by 126 operational risks
- Easily navigable database of 2,000+ operational risk publications covering regulatory documents, surveys and reports
Annual Subscription Packages
