Scenarios fill the speculative gaps, op risk panel says

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

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(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