Free-to-view photographs from the OpRisk North America 2014 conference
The troubled UK bank admits control weaknesses and warns of continuing losses for the next two years
Latest data on op risk losses from SAS
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
More Operational risk articles
Proposed rules already working to discourage banks from entering physical commodity markets
Operational risk still not recognised equally with market and credit risk, conference hears
Banks' controls may not be sufficient to deal with insider fraud, FHFA regulator tells OpRisk North America
Op risk needs to be at businesses' strategic table in order to prevent next crisis
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 assets' value to differentiate between operative and...
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 and the general public. In well-organized...
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.