ABSTRACT

Taking into account the standards of the Basel Accord, Operational Risk Modelling and Management presents a simulation model for generating the loss distribution of operational risk. It also examines a multitude of management issues that must be considered when adjusting the quantitative results of a comprehensive model.The book emphasizes techniqu

chapter 1|48 pages

Introduction to Operational Risk

chapter 2|36 pages

The Problem Context

chapter 3|142 pages

The Modelling Approach

chapter 4|116 pages

Managing Operational Risk

chapter 5|4 pages

Conclusions