Useful risk indicators flag a significant rise in the probability of an event happening early enough for it to be prevented. Three activities are useful to identify preventive KRI in organisations: Recycle – Understand – Validate: recycle what you have; understand the risk drivers; validate their usefulness.

Through a combination of presentations and practical exercises, this seminar offers a full review of the role and attributes of KRIs in financial services, clarifies some confusing ideas about the topic and positions an risk indicators programme is a risk management framework. It suggests a list of the best performing KRIs in some banking and financial markets activities and proposes a step by step method to select and design proactive KRIs.