Key risk indicators (KRIs)
Reuters enters the op risk software market
NEW YORK - Reuters is the newest player in the op risk software field. The global information technology company is preparing to launch an as-yet-unnamed op risk software solution in the next two months, says Julian Fisher, head of operational risk at…
Running a smooth operation
Technology
Firms rise to the op risk data management challenge
NEW YORK - Like all risk management problems, operational risk relies on a sufficient supply of good quality data if analysis is to be meaningful and decision-making effective.
Exclusive survey shows "reality gap"
There is a substantial gap between expectations and reality when it comes to the short-term benefits of putting an operational risk management framework in place. This gap is clearly shown in the results of an exclusive survey conducted by Operational…
Using Bayesian networks to predict op risk
By combining qualitative and quantitative data, Bayesian networks offer the perfect solution to the compelling need for an integrated approach to operational risk management, say Martin Neil and Ed Tranham.
Beyond Basel II - operational risk management comes of age
Integrated, enterprise-wide, operational risk management can offer much more than just regulatory compliance.
Moving to the centre
Basel II means banks will have to centralise the management of operational risk or lose out to competitors.
An advanced model for op risk capital calculation
The Basel II regulators need to develop a comprehensive approach to op risk modelling, says Tony Blunden in his final article on the new capital accord.