The operational risk pyramid

Risk analysis

riskanalysis-1-gif
Operational risk management has two broad objectives: commercially appropriate efforts to minimise losses from operational failures; and estimation of residual potential losses to determine the appropriate capital allocation to absorb such losses when they occur.

Too often discussions of op risk address one or other aspect as if it represented the whole problem. In fact, a complete programme of operational risk management must deal with both issues, and some aspects of such a programme contribute

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: