kaal:claim:3936876-027

Operational risk is inherently high in custody services because of the high volume of transactions processed daily, and those risks are magnified in a global custody operation running around the clock across different markets.

Source quote, verbatim

Operational risk is inherently high in custody services because of the high volume of transactions processed daily.

From

Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021), III.2 OCC Requirements, p. 23
https://ssrn.com/abstract=3936876 · source PDF

Cite as

Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021). SSRN: https://ssrn.com/abstract=3936876

Holds when

custody services generally, and global custody in particular

Classification

mechanismsupport: arguedrisk-and-incentivesdefi

Verify

The quote above is an exact substring of the source PDF, whose sha256 is 9bc0903d01910460298e754c451f027df4324367359800a98ee8e638d94aff55. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/9c0a3397266fe8ba...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/3936876-027.md | sha256sum