Measuring and Managing Operational Risk
Author | : Paola Leone |
Publisher | : Springer |
Total Pages | : 225 |
Release | : 2017-12-26 |
ISBN-10 | : 9783319694108 |
ISBN-13 | : 3319694103 |
Rating | : 4/5 (103 Downloads) |
Download or read book Measuring and Managing Operational Risk written by Paola Leone and published by Springer. This book was released on 2017-12-26 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers Operational Risk Management (ORM), in the current context, and its new role in the risk management field. The concept of operational risk is subject to a wide discussion also in the field of ORM’s literature, which has increased throughout the years. By analyzing different methodologies that try to integrate qualitative and quantitative data or different measurement approaches, the authors explore the methodological framework, the assumptions, statistical tool, and the main results of an operational risk model projected by intermediaries. A guide for academics and students, the book also discusses the avenue of mitigation acts, suggested by the main results of the methodologies applied. The book will appeal to students, academics, and financial supervisory and regulatory authorities.