External loss database
A Banque de France and WGOR representative told the OpRisk Europe conference yesterday that co-ordination on the AMA is challenging with so many constituents involved; the capital standard was "too flexible",...
Getting loss data consortiums to work may require high levels of trust – or intervention from regulators. In a shorter version of their research paper to be published later this month, Hubert Kiss and...
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 External loss database articles
A panel, sponsored by IBM, discusses how external data elements can assist risk managers and professionals in their operational risk programmes, particularly for informing scenarios and assessments, and also providing tail events for models
While professionals in the aviation industry have a different motivation for minimising risk, many of the issues they deal with are similar to those faced by banks
An issue for op risk managers is scaling modelling data to a relevant size without sacrificing its value through over-manipulation. Using a query model to determine which data to use makes the process easier and reduces the risk of cherry-picking favourable...
OCC regulator warns risk managers to re-examine data integrity and be wary of model risk
Marcelo Cruz highlights the problems that can arise when analysing the relationship between operational risk and macroeconomic factors
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.