1. Evaluating What Went Wrong at Knight Capital: Using the concepts of Operational Risk management, please provide answers to the following questions on the failure at Knight Capital: i. Summarize br 2
1. Evaluating What Went Crime at Knight Capital: Using the concepts of Operational Cause skill, fascinate collect answers to the aftercited questions on the need at Knight Capital:
i. Summarize briefly what went crime at Knight Capital on August 1, 2012.
ii. Substantiate the rise causes of Knight’s detriment occurrence (as one or further of the aftercited: failed or not-alike inside process, mob, or systems, or palpable occurrences).
iii. Categorize the detriment occurrences into one or further Basel Level 1 Occurrence Types (using Annex 9).
iv. From the late learnings in this progress and prevalent readings/research, substantiate what framework elements and tools should possess been systematic and/or used to ameliorate substantiate, prioritize, and mould Knight’s Operational Risks.
2. Applying the Operational Cause concepts to GRUBHUB. Design the aftercited Operational Cause framework elements for GrubHub:
a. Define a cause governance constitution for Grubhub
b. Define a Cause Appetite declaration for Grubhub
c. Outline 3 cause tolerance declarations local to the collection that you possess verified for Grubhub
d. Substantiate 3 detriment occurrences inveterate on the collection that you possess verified for Grubhub
e. Outline a cause framework/policy muniment to pacify the detriment occurrences for Grubhub. (Use the Three LOD design to advance roles and responsibilities)