Scenarios fill the speculative gaps, op risk panel says

AMA risk management and op risk modelling cannot succeed by data alone

(l to r) Guenther Helbok, Giorgio Spriano, Andrew Sheen, Viet-Linh Nguyen

Scenario analysis still has a key role to play in operational risk modelling under the advanced measurement approach (AMA) to operational risk, the OpRisk Europe conference in London heard last