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Loss Event Management

The OpenPages platform provides a full featured loss event management component for managing and analyzing internal and external operational events. The loss event database can be configured to capture all pertinent data to support root cause analysis and provide consistent data for regulatory and economic capital modeling.

Loss events are automatically driven through root cause analysis processes where the information gathered is passed to the appropriate workflow depending on conditional values, such as the size of the loss. OpenPages loss events can also integrate with third party loss event databases.

The OpenPages Loss Event Management supports:

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