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A UK-based retail brokerage firm has recently experienced rapid growth through a series of acquisitions and plans to improve its operational resilience in order to comply with new requirements issued by national regulators. The CRO asks an operational risk manager to assess best practices in this area and to suggest potential actions that the firm should take to meet this objective. Which of the following actions would be most appropriate for the manager to recommend in order to comply with the regulatory guidelines concerning operational resilience for important business services?
A
Increase the existing performance incentives for the firm's brokers and sales representatives to further enhance their productivity.
B
Reduce costs by consolidating the human resources and payroll functions of the acquired firms into a single firm-wide process.
C
Reserve additional economic capital for operational risk to provide an incremental capital cushion against potentially extreme operational losses.
D
Increase the bandwidth capacity for the firm's equity trading platform and procure remote backup capabilities so the platform can continue to function during an outage.