Op risk models must aid management to be effective, conference hears
Panel discussion at OpRisk Europe reveals split over value of quantification
Quantitative forecasts are most useful if they help the management of operational risk, according to contributors at a panel discussion on emerging operational risk practices at the OpRisk Europe conference in London today (June 10).
Discussing the findings of a State Street survey on emerging risks, Michael Sicsic of Aviva, John Joyce of Allianz and David Suetens of State Street reinforced the
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