Measuring and Managing Operational Risk
Measuring and Managing Operational Risk
This book covers Operational Risk Management (ORM), in the currentcontext, and its new role in the risk management field. The conceptof operational risk is subject to a wide discussion also in the fieldof ORMs literature, which has increased throughout the years. Byanalyzing different methodologies that try to integrate qualitative andquantitative data or different measurement approaches, the authorsexplore the methodological framework, the assumptions, statisticaltool, and the main results of an operational risk model projected byintermediaries. A guide for academics and students, the book alsodiscusses the avenue of mitigation acts, suggested by the main resultsof the methodologies applied. The book will appeal to students,academics, and financial supervisory and regulatory authorities.
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