Operational Risk Information Sensors for Unstructured Data

Banks and financial institutions use social media extensively and therefore need complex risk detection tools to monitor and understand the various operational risks. Sophisticated tools are required, in particular for identification of security risks such as non-compliance with operating procedures, that are inherent and escape easy detection. Social media can, however, also be leveraged to develop rare and high impact scenarios, build on risk repositories and add to loss data repositories to

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