What Is “Systemic Operational Risk” in the Financial System?

Systemic operational risk is the risk that a failure in the operational processes of one major financial institution or a critical market infrastructure (like a clearing house or payment system) could lead to widespread disruption and instability across the entire financial system. This includes failures in IT systems, security breaches, or major human errors that cascade.

What Are the Systemic Risks Associated with Non-Cleared OTC Derivatives?
What Is the Potential Systemic Risk Associated with a Failure in a Net Settlement System?
How Does Composability Increase Systemic Risk within the DeFi Ecosystem?
What Is the Difference between a CCP and a Settlement Institution?
What Is the Primary Risk If a Major OTC Counterparty Defaults?
What Market Conditions Might Cause a Cryptocurrency to Enter Backwardation?
Define Systemic Risk in the Context of Derivatives Markets
How Does Systemic Risk Relate to the Failure of a Major CCP?

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