White Papers for Sarbanes-Oxley (SOX)

Risk Management, Compliance and Technology White Paper

Sun Microsystems, Inc.,

Financial firms have become adept at handling market and credit risk, but Basel II introduces a third variant:
operational risk. The concept is somewhat elusive by virtue of the sheer breadth of its potential reach. What
is clear, however, is that to understand operational risk, organizations must get to grips with the potential
for failure across their everyday operations. They must locate the potential weak spots within their policies,
procedures and practices. And if Basel II is explicit in mandating firms to address the risk inherent in their
operations, legislation such as Sarbanes-Oxley and the Patriot Act do so implicitly as well. What links these
regulations is that they highlight operational risk. Manage your operational risk and you are on the road to
compliance. The place to start is the technology.

View the White Paper

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