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Operational Key Risk Indicators are measures that enable risk managers to identify:
Potential losses before they happen
Impact of asset loss
Potential assets
Potential losses after they happen
Operational KRIs are measures that enable risk managers to identify potential losses before they happen. Key Risk Indicators (KRIs) are critical predictors of unfavorable events that can adversely impact organizations. They monitor changes in the levels of risk exposure and contribute to the early warning signs that enable organizations to report risks, prevent crises and mitigate them in time.
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