Operational risk modelling
A question of discipline
OR&C INTELLIGENCE – OP RISK
Harvesting loss data
Although often the core of Basel II models, loss event data is usually less robust than op risk executives would like. Peter Madigan explores the challenges around collection, clearing and enrichment
Two heads are better than one
Glenn Christensen of Synovus Financial Corp. introduces an enterprise risk management strategy known as the Bifurcated ERM Methodology
GRC - the hot new operational risk product
MEASUREMENT
Resolving the confusion
Risk control self-assessments have become a Tower of Babel for the op risk discipline, with a variety of different approaches being taken. Ellen Davis reports
Time for change
Implementation of the core principles of op risk still has a long way to go in the Asia-Pacific region. Ellen Davis reports
Event horizon
Rick Cech takes a second look at what makes up operational risk event types, and asks if there is a more advanced way to define them
Russia opens up
Russia is moving ahead with Basel II implementation, with a new industry working group and new regulatory rules. Ellen Davis reports
Debating RCSAs
Four of the industry's top op risk executives debated risk control self-assessments at a recent briefing in London, moderated by Ellen Davis and sponsored by software vendor Reveleus
S&P to set up hedge fund evaluation service
MEASUREMENT
Validate To Accumulate
MODELLING
Operational risk at a crossroads
Just where is operational risk going? This is the question that, in one form or another, seems to be dropping from the lips of most executives in the field these days. People are clearly worried.
AMA diversity surprises experts
MEASUREMENT
APRA publishes two op risk papers
MEASUREMENT
Scaling op risk management for SMIs: The ORM programme
In the continuing series of scaling operational risk practices, Eric Holmquist looks back on the series of topics for small to mid-sized institutions and discusses how to put it all together into an effective programme
Defining operational risk boundaries
Measurement
Briefs
Measurement
SunGard adds on SOX IT
Measurement
Plain English please
Complaints are reaching me about the way in which the US regulators have released the notice of proposed rulemaking (NPR). My sources point out that the advance notice of proposed rulemaking – released way back in those halcyon days of August 2003 – came…