Vantage

Enterprise Risk Management

Agent StatusAll Active

Enterprise Risk Team

Office of the CRO

Operational Risk & Loss Events

Loss event capture, RCSA workflows and key risk indicator tracking across every business line

Loss Events (YTD)

218

Total Loss Amount (YTD)

$3.1M

Near-Misses Logged

64

Under Active Investigation

1

EventBusiness LineLoss AmountStatus
Failed DVP settlement — trade breakRates Trading$18,400 Root Cause Pending
Manual booking error — duplicate trade entryFX Trading$4,200 Closed
Vendor market data outage — stale pricing usedEnterprise Risk$0 (near-miss) Closed
Unauthorized limit override — control gapEquity Derivatives$62,000 Investigating
Client reporting error — incorrect statement sentClient Reporting$1,850 Closed

About This Agent

Data on This Page

Logged loss events and near-misses by business line, loss amount and investigation status. Stat tiles roll up year-to-date loss events (218), total loss amount ($3.1M), near-misses logged (64), and events under active investigation (1).

What This Agent Does

Captures loss events and near-misses as they're reported, runs periodic risk and control self-assessment (RCSA) workflows with each business line, tracks key risk indicators against thresholds, and routes material events to the operational risk committee with a preliminary root-cause narrative.

Worked Examples

  • A $62,000 unauthorized limit override on the Equity Derivatives desk is under active investigation as a control-design gap.
  • A vendor market data outage was logged as a near-miss after Limits & Breach Monitoring caught the stale pricing before any trade executed.
  • Total year-to-date losses of $3.1M remain within the board-approved operational risk appetite of $5M.