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Comprehensive Risk Management System for Saudafer: Identifying and Mitigating Key Risks

The Risk Management System (RMS) outlines the process for identifying and addressing various risks associated with Saudafer operations. This includes risks such as misdeals, client defaults, non-compliance, technology failures, and operational challenges. Specific issues highlighted are punching errors, miscommunication, client backouts, and auction losses due to non-payment. Preventive measures such as single stroke limits and reconciling transactions are emphasized to mitigate these risks, ensuring a safer, more efficient operational environment.

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Comprehensive Risk Management System for Saudafer: Identifying and Mitigating Key Risks

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