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National Stock Exchange (NSE) is thelargest stock exchange in India catering to 1,200-plus members. Globally, NSEhas been ranked second in stock index options and third in single stock futuresand stock index futures. The business processes of NSE are heavily dependent onIT. Average daily turnover of trades processed by NSE are INR 1,441,010.[i] Ata national level, NSE is a critical organization for the Indian economy and isidentified as one of its most sensitive organizations.Read the rest of the article
I would be interested in knowing if/how the business operations risks were defined across the enterprise within which IT Operations would fit.
I like your methodical, constructive, aggregative approach to building a risk register and control catalogue across all product lines. With them in place, a common language will encourage decision making as well as ongoing risk assessments.
Your views of risk should also placate recent criticism for use of either inherent risk, residual or quantifiable risk assessments with or without deferential calculus.
I have two questions.
One: Would you be willing to share your organization’s view and definition of enterprise risks that apply to any or all market segments?
Two: I see your project acquired approval of IT Operations risk from the Board and Senior Management. So who defined the enterprise risks to begin with?
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