This panel will discuss ways to allocate resources and minimize potential exposure with a set of analytical tools to assess, simulate and quantify operational risk capital to improve business efficiency and performance across the enterprise.
More Operational risk articles
Operational risk loss data – September 2013
Moves from Barclays Wealth where he was CRO
Raiffeisen Bank International operates across central and eastern Europe – op risk head Nicole Murtinger discusses the cultural challenges this brings her
Firms focusing on prevention, but they need to concentrate more on detection, say cyber-security experts
Risk managers need to look beyond models and consider a wider universe of risks, says Reeves
The insurance sector needs to up its game and help companies remove new risks from their balance sheets, panellists say
Greater communication between departments also key to risk management
In the current market turbulence operational risk management is a basic function of every financial institution, including insurance companies. In a situation when principles based on prudent business...
The manipulation of the London Interbank Offered Rate (LIBOR) was not a localized event. Unscrupulous traders and managers in some of the largest banks around the world deliberately and systematically...
The advanced measurement approach requires financial institutions to develop internal models to evaluate regulatory capital. Traditionally, the loss distribution approach (LDA) is used, mixing frequencies...
Senior op risk staff set to move into private sector
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.