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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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