--- title: [OR] [KIB] [E3] [CBS] [2] [SuPS] Identify Severe but Plausible Scenarios description: [OR] [KIB] [E3] [CBS] [2] [SuPS] Identify Severe but Plausible Scenarios image: https://blog.bcm-institute.org/hubfs/Kenangan%20Investment%20Bank%20Berhad%20Graphic%20Folder/Kenanga%20CBS%202/%5BOR%5D%20%5BKIB%5D%20%5BE3%5D%20%5BCBS%5D%20%5B2%5D%20%5BSuPS%5D%20Clearing%20%26%20Settlement%20Services.jpg --- . . [![BCMIWhiteLogo.png](https://blog.bcm-institute.org/hs-fs/hubfs/Blog%20Testing/BCMIWhiteLogo.png?width=556&name=BCMIWhiteLogo.png "BCMIWhiteLogo.png")](http://www.bcm-institute.org/) - [Home](https://www.bcm-institute.org/) - [About Us](https://www.bcm-institute.org/about-us-3/) - [A President’s Perspective](https://www.bcm-institute.org/about-us/a-presidents-perspective/) - [Our History](https://www.bcm-institute.org/about-us/our-history/) - [Our Advisory Council](https://www.bcm-institute.org/about-us/our-advisory-council/) - [Customers’ Testimonials](https://www.bcm-institute.org/about-us/customers-testimonials/) - [Credential Verification](https://www.bcm-institute.org/about-us/credential-verification/) - [Courses](https://blog.bcm-institute.org/blog/course-fees-for-blended-learning-courses-master-catalog) - [ISO 22301 Business Continuity Management System Audit](https://blog.bcm-institute.org/audit/business-continuity-management-audit-courses) - [ISO 22301 Business Continuity Management](https://blog.bcm-institute.org/bcm/business-continuity-management-courses) - [Crisis Communication](https://blog.bcm-institute.org/crisis-communication/crisis-communication-courses) - [Crisis Management](https://blog.bcm-institute.org/en/crisis-management/courses) - [IT Disaster Recovery](https://blog.bcm-institute.org/it-disaster-recovery/courses) - [Operational Resilience](https://blog.bcm-institute.org/operational-resilience/courses) - [Operational Resilience Audit](https://blog.bcm-institute.org/operational-resilience-audit/courses) - [Certification](https://blog.bcm-institute.org/certification/types-of-certifications-offered) - [ISO 22301 BCMS Audit Certification](https://blog.bcm-institute.org/certification/business-continuity-management-audit-certification) - [ISO22301 Business Continuity Management Certification](https://blog.bcm-institute.org/bcm/business-continuity-management-certification) - [Crisis Communication Certification](https://blog.bcm-institute.org/crisis-communication/crisis-communication-certification) - [Crisis Management Certification](https://blog.bcm-institute.org/en/crisis-management/crisis-management-certification) - [IT Disaster Recovery Planning Certification](https://blog.bcm-institute.org/it-disaster-recovery/it-disaster-recovery-certification) - [Operational Resilience Certification](https://blog.bcm-institute.org/operational-resilience/operational-resilience-certification) - [Operational Resilience Audit Certification](https://blog.bcm-institute.org/operational-resilience-audit) - [Seminars](https://blog.bcm-institute.org/meet-the-expert/mte-webinar-mainpage) - [Store](https://www.bcm-institute.org/store-2/) - [Contact Us](http://www.bcm-institute.org/about-us/contact-us/) - - ###### Resilience by Design: Kenanga Investment Bank’s Operational Resilience Journey ![OR BB FI MY Gen-8](https://blog.bcm-institute.org/hs-fs/hubfs/BB%20BCM%20%5BAi%20Gen%20Blog%20Photo%5D/OR%20BB%20Bank%20Generic/OR%20BB%20FI%20MY%20Gen-8.jpg?width=2000&height=1333&name=OR%20BB%20FI%20MY%20Gen-8.jpg "OR BB FI MY Gen-8") # \[OR\] \[KIB\] \[E3\] \[CBS\] \[2\] \[SuPS\] Identify Severe but Plausible Scenarios [![Kenanga Investment Bank Logo](https://no-cache.hubspot.com/cta/default/3893111/48d52e8f-4ce1-4b3f-8281-d865c450eba0.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/48d52e8f-4ce1-4b3f-8281-d865c450eba0) This chapter explores the identification of Severe but Plausible Scenarios (SPS) for CBS 2 Clearing & Settlement Services at Kenanga Investment Bank. The objective is to assess how extreme yet credible disruptions could impact the bank’s clearing and settlement operations, ensuring the resilience of critical business services in alignment with regulatory expectations and best practices. By examining SPS, the organisation can proactively strengthen its operational controls, safeguard client interests, and maintain financial stability even under severe stress conditions. ### [![New call-to-action](https://no-cache.hubspot.com/cta/default/3893111/c9c3fddf-009e-4d50-b91c-b18d1228e9ef.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/c9c3fddf-009e-4d50-b91c-b18d1228e9ef) [Moh Heng Goh](https://blog.bcm-institute.org/ebook-or/author/moh-heng-goh) Feb 20, 2026 ###### Operational Resilience Certified Planner-Specialist-Expert ### [![x \[OR\] \[KIB\] Legal Disclaimer Banner](https://no-cache.hubspot.com/cta/default/3893111/b6372811-fb39-4c3e-b0fc-b669eb2b0056.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/b6372811-fb39-4c3e-b0fc-b669eb2b0056) ### [![New call-to-action](https://no-cache.hubspot.com/cta/default/3893111/c9c3fddf-009e-4d50-b91c-b18d1228e9ef.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/c9c3fddf-009e-4d50-b91c-b18d1228e9ef)**CBS-2 Clearing & Settlement Services** #### Introduction [![\[OR\] \[KIB\] \[E3\] \[CBS\] \[2\] \[SuPS\] Identify Severe but Plausible Scenarios](https://no-cache.hubspot.com/cta/default/3893111/7a97e4f1-c32e-4a95-abd2-dde565c23c0b.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/7a97e4f1-c32e-4a95-abd2-dde565c23c0b) This chapter explores the identification of Severe but Plausible Scenarios (SPS) for CBS 2 Clearing & Settlement Services at Kenanga Investment Bank. The objective is to assess how extreme yet credible disruptions could impact the bank’s clearing and settlement operations, ensuring the resilience of critical business services in alignment with regulatory expectations and best practices. By examining SPS, the organisation can proactively strengthen its operational controls, safeguard client interests, and maintain financial stability even under severe stress conditions. ##### **Purpose of the Chapter** The purpose of this chapter is to pre-emptively guide readers through potential high-impact scenarios that could disrupt CBS 2 operations. It provides a framework to understand the rationale behind each scenario, the expected impacts, and the proactive risk management measures that can mitigate these risks. This ensures that Kenanga Investment Bank maintains operational resilience and can continue delivering critical services within its defined impact tolerances. [![Banner \[Table\] \[OR\] \[E3\] Identify Severe but Plausible Scenarios](https://no-cache.hubspot.com/cta/default/3893111/f4f3c007-e864-48cd-8bc1-0242c8b7fd86.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/f4f3c007-e864-48cd-8bc1-0242c8b7fd86) ###### Table P5: Identify Severe but Plausible Scenarios for CBS-2  | **Sub-CBS Code** | **Sub-CBS** | **Severe but Plausible Scenario** | **Impact/Effect** | **Proactive Risk Management Action** | **Link to Integration of Cyber and ICT Risks** | | --- | --- | --- | --- | --- | --- | | **2.1** | **Trade Capture & Validation** | **System-wide trade input failure due to software corruption** | **Delayed trade confirmations, increased operational errors** | **Regular system audits, redundant trade capture platform** | **Automated monitoring, intrusion detection** | | **2.2** | **Clearing Instructions & Netting** | **Major counterparty fails to meet clearing obligations** | **Liquidity strain, cascading settlement delays** | **Netting simulations, collateral pre-funding** | **Secure API connections, cyber-risk testing** | | **2.3** | **Margin & Collateral Management** | **Collateral valuation miscalculation during market volatility** | **Under-collateralisation, regulatory breach** | **Real-time collateral monitoring, stress testing** | **Integration with cyber-secured collateral platforms** | | **2.4** | **Settlement Execution** | **Central bank settlement system outage** | **Settlement backlog, client dissatisfaction** | **Alternative settlement routing, contingency procedures** | **Cyber-resilient connectivity to payment systems** | | **2.5** | **Funds & Securities Reconciliation** | **Data corruption in reconciliation reports** | **Misstatement of positions, delayed reporting** | **Automated reconciliation tools, periodic integrity checks** | **Encryption and access controls on reconciliation systems** | | **2.6** | **Corporate Actions Processing** | **Failure to process dividends due to a software glitch** | **Financial loss, reputational damage** | **Dual processing, automated alerts** | **Cyber monitoring of corporate action feeds** | | **2.7** | **Exception & Fail Management** | **High volume of unresolved fails due to system overload** | **Operational backlog, client complaints** | **Exception queue prioritisation, fail resolution workflow** | **Monitoring for cyber threats affecting workflow** | | **2.8** | **Regulatory & Financial Reporting** | **Regulatory report submission failure** | **Compliance fines, reputational risk** | **Backup reporting channels, reconciliation checks** | **Secure data transmission, disaster recovery tests** | | **2.9** | **Client & Counterparty Communication** | **Communication outage affecting confirmations and notifications** | **Miscommunication, delayed settlements** | **Redundant messaging channels, client notification protocols** | **Secure email systems, anti-phishing measures** | | **2.10** | **Technology, Controls & Monitoring** | **Cyberattack on core settlement platform** | **Service disruption, data breach** | **Multi-layer security, penetration testing** | **Full ICT risk integration, continuous monitoring** | ####  [![Banner \[Summing\] \[OR\] \[E3\] Identify Severe but Plausible Scenarios](https://no-cache.hubspot.com/cta/default/3893111/446ccb83-e056-40d0-aae5-834d73c13f43.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/446ccb83-e056-40d0-aae5-834d73c13f43) Identifying Severe but Plausible Scenarios for CBS 2 Clearing & Settlement Services provides Kenanga Investment Bank with actionable insights into potential operational vulnerabilities. By mapping out impacts, implementing proactive risk management measures, and integrating cyber and ICT considerations, the bank can maintain its operational resilience, safeguard client trust, and comply with regulatory expectations even under extreme stress conditions.   | Resilience by Design: Kenanga Investment Bank’s Operational Resilience Journey | | | | | | | --- | --- | --- | --- | --- | --- | | **eBook 3: Starting Your OR Implementation** | | | | | | | **CBS-2 Clearing & Settlement Services** | | | | | | | **CBS-2 DP** | **CBS-2 MD** | **CBS-2 MPR** | **CBS-2 ITo** | **CBS-2 SuPS** | **CBS-2 ST** | | [![\[OR\] \[KIB\] \[E3\] \[CBS\] \[2\] Clearing & Settlement Services](https://no-cache.hubspot.com/cta/default/3893111/53094a9e-b9dc-4967-94aa-5b0cdd746e71.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/53094a9e-b9dc-4967-94aa-5b0cdd746e71) | [![\[OR\] \[KIB\] \[E3\] \[CBS\] \[2\] \[MD\] Map Dependency](https://no-cache.hubspot.com/cta/default/3893111/c8b0c61d-a5c2-4ea3-a543-40785b42eb7f.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/c8b0c61d-a5c2-4ea3-a543-40785b42eb7f) | [![\[OR\] \[KIB\] \[E3\] \[CBS\] \[2\] \[MPR\] Map Processes and Resources ](https://no-cache.hubspot.com/cta/default/3893111/69977f4c-a192-42cd-83ba-53eff86f58a5.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/69977f4c-a192-42cd-83ba-53eff86f58a5) | [![\[OR\] \[KIB\] \[E3\] \[CBS\] \[2\] \[ITo\] Establish Impact Tolerances](https://no-cache.hubspot.com/cta/default/3893111/3943560a-1b5a-46e1-a8fa-bb0378c19077.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/3943560a-1b5a-46e1-a8fa-bb0378c19077) | [![\[OR\] \[KIB\] \[E3\] \[CBS\] \[2\] \[SuPS\] Identify Severe but Plausible Scenarios](https://no-cache.hubspot.com/cta/default/3893111/7a97e4f1-c32e-4a95-abd2-dde565c23c0b.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/7a97e4f1-c32e-4a95-abd2-dde565c23c0b) | [![\[OR\] \[KIB\] \[E3\] \[CBS\] \[2\] \[ST\] Perform Scenario Testing ](https://no-cache.hubspot.com/cta/default/3893111/4dfead65-2e7d-4c14-ac6f-431df6142c18.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/4dfead65-2e7d-4c14-ac6f-431df6142c18) | [![New call-to-action](https://no-cache.hubspot.com/cta/default/3893111/084e620a-46c5-419a-82ed-6a681d15c0b6.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/084e620a-46c5-419a-82ed-6a681d15c0b6)**[![New call-to-action](https://no-cache.hubspot.com/cta/default/3893111/13a448f1-f09c-42da-a57e-0988e41658c5.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/13a448f1-f09c-42da-a57e-0988e41658c5)Gain Competency:** For organisations looking to accelerate their journey, BCM Institute’s training and certification programs, including the **OR-5000 Operational Resilience Expert Implementer course**, provide in-depth insights and practical toolkits for effectively embedding this model.     #### More Information About OR-5000 \[OR-5\] or OR-300 \[OR-3\] To learn more about the course and schedule, click the buttons below for the OR-300 Operational Resilience Implementer course and the OR-5000 Operational Resilience Expert Implementer course. | [![BL-OR-3 Register Now](https://no-cache.hubspot.com/cta/default/3893111/3530eccb-515d-401e-afc2-3469e26d7fbf.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/3530eccb-515d-401e-afc2-3469e26d7fbf) | [![BL-OR-3_Tell Me More](https://no-cache.hubspot.com/cta/default/3893111/fdd4fa9c-ed69-40c1-925f-4eb6a1c5c255.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/fdd4fa9c-ed69-40c1-925f-4eb6a1c5c255) | [![BL-OR-3_View Schedule](https://no-cache.hubspot.com/cta/default/3893111/77a34b84-0a6d-44f8-b8d6-6ab04cdf5edd.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/77a34b84-0a6d-44f8-b8d6-6ab04cdf5edd) | | --- | --- | --- | | [![BL-OR-5_Register Now](https://no-cache.hubspot.com/cta/default/3893111/6e5c0cda-39b9-4bbd-b3d4-4cf46a790b14.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/6e5c0cda-39b9-4bbd-b3d4-4cf46a790b14) | [![BL-OR-5_Tell Me More](https://no-cache.hubspot.com/cta/default/3893111/a68a08aa-36d3-4216-9551-202c9fde06ea.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/a68a08aa-36d3-4216-9551-202c9fde06ea) | [![ \[BL-OR\] \[3-4-5\] View Schedule](https://no-cache.hubspot.com/cta/default/3893111/d0d733a1-16c0-4b68-a26d-adbfd4fc6069.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/d0d733a1-16c0-4b68-a26d-adbfd4fc6069) | | [![\[BL-OR\] \[3\] FAQ OR-300](https://no-cache.hubspot.com/cta/default/3893111/f20c71b4-f5e8-4aa5-8056-c374ca33a091.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/f20c71b4-f5e8-4aa5-8056-c374ca33a091) | If you have any questions, click to contact us.[![Email to Sales Team \[BCM Institute\]](https://no-cache.hubspot.com/cta/default/3893111/3c53daeb-2836-4843-b0e0-645baee2ab9e.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/3c53daeb-2836-4843-b0e0-645baee2ab9e) | [![FAQ BL-OR-5 OR-5000](https://no-cache.hubspot.com/cta/default/3893111/7f2718a4-ea80-4f84-a319-dc2d4df37a46.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/7f2718a4-ea80-4f84-a319-dc2d4df37a46) | | [![OR Implementer Landing Page](https://no-cache.hubspot.com/cta/default/3893111/74b1e556-8cd2-4a74-8821-db1804534955.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/74b1e556-8cd2-4a74-8821-db1804534955) | [![New call-to-action](https://no-cache.hubspot.com/cta/default/3893111/f2bd8eb1-32d2-4732-9267-ea53223cf58f.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/f2bd8eb1-32d2-4732-9267-ea53223cf58f) | [![New call-to-action](https://no-cache.hubspot.com/cta/default/3893111/084e620a-46c5-419a-82ed-6a681d15c0b6.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/084e620a-46c5-419a-82ed-6a681d15c0b6) |   #### **Comments:**   ![CTA Banner_OR](https://blog.bcm-institute.org/hubfs/CTA%20Banner%20for%20Blog/CTA%20Banner_OR.jpg "CTA Banner_OR") --- ![CTA Banner_ORA](https://blog.bcm-institute.org/hubfs/CTA%20Banner%20for%20Blog/CTA%20Banner_ORA.jpg "CTA Banner_ORA") --- ![CTA Banner_BCM](https://blog.bcm-institute.org/hubfs/CTA%20Banner%20for%20Blog/CTA%20Banner_BCM.jpg "CTA Banner_BCM") --- ![CTA Banner_ITDR](https://blog.bcm-institute.org/hubfs/CTA%20Banner%20for%20Blog/CTA%20Banner_ITDR.jpg "CTA Banner_ITDR") --- ![CTA Banner_CM](https://blog.bcm-institute.org/hubfs/CTA%20Banner%20for%20Blog/CTA%20Banner_CM.jpg "CTA Banner_CM") ![BCMIWhiteLogoSmall.png](https://blog.bcm-institute.org/hs-fs/hubfs/Blog%20Testing/BCMIWhiteLogoSmall.png?width=72&name=BCMIWhiteLogoSmall.png "BCMIWhiteLogoSmall.png") All rights reserved. Copyright 2026 ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Moh Heng Goh", "url" : "https://blog.bcm-institute.org/ebook-or/author/moh-heng-goh" }, "dateModified" : "2026-02-20T07:05:39.167Z", "datePublished" : "2026-02-20T07:05:15.000Z", "headline" : "[OR] [KIB] [E3] [CBS] [2] [SuPS] Identify Severe but Plausible Scenarios", "mainEntityOfPage" : { "@id" : "https://blog.bcm-institute.org/ebook-or/or-kib-e3-cbs-2-sups-identify-severe-but-plausible-scenarios", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.bcm-institute.org/hubfs/BCMI%20Logo.png" }, "name" : "BCMI Pte Ltd" } } ```