We present a stochastic model that incorporates operational hazards within ordinary trading systems. We develop a simple compartmental theory that utilizes a predetermined lower threshold in the total...
Brokers perform a key role in many financial markets. They introduce buyers to sellers, perform a useful role in price-discovery and provide a source of market information and commentary to market participants...
To manage operational risk, banks increasingly use data from consortiums formed by peer institutions. Although existing data consortiums seem to work appropriately, it is worth examining why banks report...
This white paper looks at the heavy impact of regulation on investment managers, the mitigation of outsourcing risk, inefficiencies in corporate actions processing and the growing importance of collateral management.
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The quantification of diversification benefit plays a critical role in quantitative risk models, especially within the context of regulatory and economic capital. However, the complexity of today's risk...
Delegates warned to monitor external as well as internal risks
Technique helps banks pass 'use test'
Congress must act to improve co-operation
Large banks holding too little capital, regulator warns
OCC will leave banks to make their own judgements
Vary expected loss as economy changes, Felix says
Zero tolerance sounds good but useless for managers, conference hears
Narrow view one of many challenges for UK banks
Delayed impact of 2008 crash means higher capital demands
Operational risk loss data – February 2014
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.