operational

Books

Operational Risk: Practical Approaches to Implementation

[ReviewAZON asin=”1904339468″]Topical, innovative and highly practical, this authoritative new resource from Risk Books will help you successfully develop and enhance the operational risk function in your firm.

Highly practical focus explains operational risk regulatory matters and specifically aids you with the practical implementation of an operational risk programme in your organisation.

Provides easy access to the very latest thinking on Operational risk from the biggest names in the field including: Marco Moscadelli, Marcus Haas, Thomas Kaiser and Maurits Bakker.

Collates the latest, most influential and ground-breaking work recently published in, among others, Operational Risk magazine.

Makes it easy for first-timers to implement a regulatory compliance framework by providing an essential route-map that clearly shows you how to do this effectively and efficiently.

Split into 4 easy access sections:

1) Loss data collection and modelling – offers a range of novel, practical approaches to solve the notoriously complex challenges associated with the collection and modelling of internal and external loss data.
2) Alternative measurement strategies – with detailed guidance on key risk indicators and scenario testing among other alternative tools, this section offers highly practical solutions informed by ‘real life’ situations.
3) Conceptualising operational risk management – all about turning operational risk measurement into action – this section will help you conceptualise your op risk approach and outline an effective implementation strategy.
4) Mitigation strategies – the ultimate goal of most operational risk strategies, here you will find a range of invaluable case-studies to provide a definitive assessment of the growing mitigation techniques available.[/ReviewAZON]

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Books

Operational Risk Modelling and Analysis: Theory and Practice

[ReviewAZON asin=”1904339344″]The definitive journey into operational risk – this new multi-contributor title will guide you with the identification, modelling, implementation, analysis and integration of operational risk into your overall risk management framework.

Enables you to make more informed decisions on how to identify and avoid the potential risks as well as fully understand the acceptable risks on a cost-benefit basis.

Divided under three main sections: 1. Database Modelling, Regulatory and Technical Issues; 2. Risk Modelling and Measurement; 3. Case Studies of Implementation of Operational Risk Projects in Large Financial Institutions.

Highlights integral issues such as how to spot the links between indicators of operational risk and the potential losses.

Examines the tensions inherent in the nature of operational risk at both quantitative and qualitative levels.

Outlines the practical day-to-day issues and illustrates workable methodologies with examples, case studies and cutting-edge analysis.

Provides an even mix of both the progressive and in-depth research taking place in academic institutions as well as the actual practical implementation issues.

Provides the tools to cope with differing and complex situations within operational risk.

Edited by Marcelo Cruz, a world-renowned leading expert on operational risk modelling and measurement.[/ReviewAZON]

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