Operational risk

Landesbanken's operational risk management tool

Many German banks lag behind their peers when it comes to operational risk management. The proposed new international bank capital accord, Basel II, which - for the first time - stipulates a separate capital charge for operational risk, has put the topic…

Tracing Transparency

Corporate bond traders are hesitantly embracing greater transparency and trying to figure out how to use it.

Budgeting for 2003

Deutsche Bank, Merrill Lynch and State Street outline how next year's budget will be spent. For starters, it will be spent cautiously.

Back to Bayesics

Gerald Sampson, of Saratoga Consulting, argues that a Bayesian approach to analysing transaction failures produces superior results.

Reaping integration rewards

In the October issue of Risk, Clive Davidson discussed the integration of ALM and ERM technology. Here, in a second article, he profiles the firms that have tackled this project and reviews the challenges, advantages and pitfalls of the integration…

OpVar 4.2 unveiled

New York-based operational risk quantification firm OpVantage - a division of Fitch Risk Management - has launched version 4.2 of its OpVar operational risk product suite. The suite allows users to collect op risk data, analyze loss probabilities, scale…

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