Key risk indicators (KRIs) have been considered “the holy grail of risk management” for the past 15 years, but the measures have failed to live up to their potential, argue two operational risk ...

The prevailing literature on key risk indicators (KRIs) has largely focused on what are commonly referred to as generic indicators, which are indexes that track and measure risk items such as ...

Holistic risk assessment is a multifaceted approach that seeks to understand, evaluate and manage risk across an organization. It involves creation of a vision-driven risk appetite framework for ...