Operational risk management (orm)
Rigorous classification of operational risks can be the foundation of a good risk framework – but it's easy to get wrong, warns Marcelo Cruz
Keynote speaker highlights dangers of group-think
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Operational risk management (orm) articles
The advanced measurement approach was meant to give larger institutions the freedom to develop their own sophisticated op risk models under Basel II. But the approach has failed to take off in the UK, with some now questioning whether its days are numbered....
In the second part of his column on how factor models can improve operational risk effectiveness, Marcelo Cruz looks at the issues involved in determining correlations between factors and losses, and suggests how best to insert factors into the model...
There is no magic bullet for changing bank culture, but there some rudimentary measures that can be used to judge progress, claims MCB Bank op risk manager
For energy traders and risk managers, operational risk extends far beyond IT and trading-systems risk to the real-world fundamentals of delivery risk, shipping delays, pipeline congestion or even a cyber attack on the power grid.
Energy trading and risk management reporting, not always the most effective operation at energy trading firms, is undergoing an efficiency drive across the industry, finds Gillian Carr
Getting the risk culture right at a financial institution is critical to op risk – but speakers acknowledge that is far from easy
Operational risk and effective risk management have taken over from exotic innovation in the structured products market. With the barriers to entry still big enough to put off new entrants to the technology market, the composition of the top 10 technology...
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future
UK, 18th Dec 2013
UK, 12th Feb 2014
UK, 13th Feb 2014
UK, 19th - 20th Feb 2014
Germany, 25th Feb 2014
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