Derivatives market pioneers co-opt bitcoin tech in bid to transform mainstream markets
Regulation and tough markets put risk centre-stage, says CRO
Firms seeking common ground in the modelling of operational risk
This white paper looks at the heavy impact of regulation on investment managers, the mitigation of outsourcing risk, inefficiencies in corporate actions processing and the growing importance of collateral management.
More Operational risk articles
ABSTRACT This paper discusses the importance of operational risk management for the efficiency of Taiwanese banks. We demonstrate that by applying risk managerial strategies banks can improve their performance,...
ABSTRACT In this paper, we propose a copula-free approach for modeling correlated frequency distributions using an Erlang-based multivariate mixed Poisson distribution.We investigate some of the properties...
Questions over policy design and coverage blight nascent industry
Proposal by UK banking watchdog receives mixed initial response
Regulators argue a backstop is needed to avoid too-low modelled numbers
In recent years, the occurrence of operational losses in financial institutions has increased the interest of academics and policy makers in operational risk. One of the main problems regarding the economic...
Welcome to the fourth issue of the ninth volume of The Journal of Operational Risk. This year has been a watershed year for operational risk, with large operational losses constantly making the headlines....
But FCA's "tone at the top" focus may hamper progress
Poor professional culture drives bankers to be more dishonest
Operational risk managers highlight repeat failures at firms
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.