Operational risk data
Types of operational risk loss by event, May 2009 to May 2011
Internal fraud causes higher losses than any other type
Oric and ORX in talks regarding possible merger
Oric and ORX have been in talks for more than a year regarding a possible merger of their operational risk data platforms
Only 15% of financial institutions have management information resources in place
Firms do not have MI risk programmes in place to deal with upcoming regulations, according to a report by think-tank JWG
Types of operational risk loss by event, February 2009 to February 2011
Types of operational risk loss by event, February 2009 to February 2011
Types of operational risk loss by event, January 2009 to January 2011
More losses from within the ‘Clients, products and business practices’ category
ORR Innovation Awards 2011: Paper of the Year
Vittorio Vecchione, Alessandra Agostini and Paolo Talamo
Insurers unsure how to model operational risk
Insurers unsure how to model operational risk
Operational Risk & Regulation data, November 2010
Analysis of operational risk loss events
Dipo conference: Loss-data consortiums switch focus from quantity to quality
Quality over quantity
Demands on loss consortia changing, says BBA and consultancy
British Bankers' Association launches co-operative effort with RiskBusiness
Op risk responsibility: The buck stops with everyone
A problem shared...
Study sheds light on why and how op risk errors happen
The ways of our errors
ORX surveys finds scenarios are thriving
The Operational Risk Data Exchange (ORX) recently surveyed its members about their use of scenarios in managing operational risk, and discovered firms attribute considerable value to the process
Penny Cagan leaves Algo First for Citi
In a surprise move, First database founder Penny Cagan departs Algorithmics.
Indian loss data consortium Cordex ready to float
The long-expected Indian op risk loss database is in the process of being floated as a private limited company
Loss leaders
Operational risk is potentially the biggest risk faced by insurers – and also one of the most difficult to model. However, as a number of loss data aggregation initiatives globally either emerge or mature, insurers are better placed to quantify their op…
Where's your motivation?
Discussion about incentives to promote good risk management is increasingly gaining relevance for Basel II advanced measurement approach applicants, as well as for banks adopting the standardised approach
Passage to India
It’s a long way from Basel to Mumbai, and it will be a while before India’s banks have fully implemented the Basel II capital requirements framework. OR&R looks at how far they have come, and the obstacles they must overcome on the path ahead