Y2K Op Risk Discounted By Financial Market, Says New Research

QUANTIFICATION

New research suggests that the world’s financial markets discounted the threat of computer meltdown in the year 2000 as early as last summer.

Dan Galai, professor of finance at the Hebrew University, Jerusalem says that despite all the fear and regulatory fuss, his team could find no evidence that the financial markets were concerned about the biggest operational risk event of the millennium. It is difficult to know whether markets remained calm because the risk was being dealt with appropria

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: