Welcome to the third issue of Volume 10 of The Journal of Operational Risk. This is a special issue in which two of our four papers come from the CFS Conference on Operational Risk: Management and Measurement,...
Following two regular contributions, this issue of The Journal of Operational Risk contains two papers from the CFS Conference on Operational Risk: Management and Measurement, which took place on March...
This paper identifies three steps in sourcing risk.
More Operational risk articles
This paper makes use of the power-law mimicry properties of the truncated lognormal distribution and shows how they fit operational risk data considerably well.
This paper proposes the use of a robust generalization of MLEs for the modeling of operational loss data.
This paper discusses the violation of applicable firm guidelines by individuals employed by a bank or financial institution and suggests specific metrics to identify and prevent such behaviour.
Common cultural practices may span the divides between financial institutions – promoting common operational risks
Managers should be more confident challenging new processes
Custodians should retrain HR in foreign bribery rules as SEC threatens further action
CRO explains how disasters have shaped his priorities
Complacency still prevalent among companies in Asia
Data has been a problem for the past two decades for firms in the region
This paper suggests an approach for assessing IT risk through an incident-based method for monitoring operational IT risk across an extended enterprise based on the ISACA Risk IT framework.
Bank fell short this year on qualitative op risk governance issues
Overhaul focused on simplifying op risk management
Thomas Friang sets out vulnerabilities of financial institutions at OpRisk Europe
The authors propose a generic weighting function based on a nonparametric approach that can be used to weight the different distributions.
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.