The Invention of Operational Risk

Modeling the operational risk in Iranian commercial banks: case study of a private bank

The Basel Committee on Banking Supervision from the Bank for International Settlement classifies banking risks into three main categories including credit risk, market risk, and operational risk. The focus of this study is on the operational risk measurement in Iranian banks. Therefore, issues arising when trying to implement operational risk models in Iran are discussed, and ...

Option Pricing in the Presence of Operational Risk

In this paper we distinguish between operational risks depending on whether the operational risk naturally arises in the context of model risk. As the pricing model exposes itself to operational errors whenever it updates and improves its investment model and other related parameters. In this case, it is no longer optimal to implement the best model. Generally, an option is exercised in a jump-...

بررسی ورتبه بندی عوامل مؤثربرریسک عملیاتی بانکداری الکترونیکی در بانک مسکن (مطالعه موردی: شعب بانک مسکن در استان لرستان)

One of the essential tools for achieving the expansion of e-commerce is e-banking system. One of the major risks identified in the field of electronic banking, is operational risks. Accurate understanding of banks about the concept of operational risk to monitor and manage this specific category of risk effectively is vital. This study aimed to identify and rank the six factors, outsourcing, an...

Effects Of Risk Parameters (Credit, Operational, Liquidity And Market Risk) On Banking System Efficiency (Studying 15 Top Banks In Iran)

Introducing an Invention: Puzzle Shaped Cast for Upper Limb Fractures

Upper limb fractures are prevalent injuries. An essential element of fracture healing is to maintain the bones alignment. However there are lots of complications associated with traditional ways of treatment, such as compartment syndrome and stiffness due to immobility for long time. Also evaluation and observation of the limb under the casts for potential infections and skin issues are n...