This paper shows that it is an "inconvenient truth" that the largest losses by banks are not firm specific.
Capital requirements incentivise banks and insurers to enhance op risk management
Independent asset management firms catching up with bank- and insurance-owned peers
More Operational risk articles
This paper addresses the uncertainty in scenario analysis and produces a combined loss distribution.
After 16 years as our risk analysis columnist, David Rowe looks back at a recurring challenge
This paper studies alternative mixing models for external data for a particular risk class.
Operational risk loss data – October 2015
NYC-based LMRKTS first broke cover two years ago; third bank participant is unknown
Scrapping op risk modelling in Europe could take five years, say lawyers
Firms doubtful about risk sensitivity of standardised replacement charge
Sponsored video: BAE Systems Applied Intelligence
Cakes and candles can help risk managers get flavour right, argues Ariane Chapelle
Oracle addresses problems caused by Basel rules on data aggregation
BAE Systems uses sophisticated network analysis to curb threat of money laundering
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.