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Operational Risk Management in Financial Services Sociology of Language justifying self-government at home andTechnology failures, data loss, issues with providers of outsourced services, misconduct and mis selling are just some of the top risks that the financial industry faces. Operational risk management is, simply, a commercial necessity. The management of operational risk has developed considerably since its early years. Continued regulatory focus and catastrophic industry events have led to operational risk becoming a crucial topic on any senior