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Operational risk

Op risk modelling for extremes

Part 2: Statistical methods In this second of two articles, Rodney Coleman, of Imperial College London, continues his demonstration of the uncertainty in measuring operational risk from small samples of loss data.

Credit and credibility

Credit risk modellers have made giant strides, but they still have to convince regulators that they can make the world a safer place.

ORX database expected early next year

LONDON - The operational risk loss database run by the Operational Riskdata eXchange Association (ORX), a consortium formed by 12 international banks to pool their op risk data confidentially, is expected to begin operating around the start of February,…

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