Operational Risk Quantification Mathematical Solutions for Analyzing Loss Data
نویسنده
چکیده
ii " When you can measure what you are speaking about, and express it in numbers, you know something about it; but when you cannot measure it, when you cannot express it in numbers, your knowledge is of a meagre and unsatisfactory kind. "
منابع مشابه
Tackling the Insufficiency of Loss Data for the Quantification of Operational Risk
In recent years, spectacular defaults, such as Barings, as well as new requirements from the Basel Committee on Banking Supervision (Basel II) have forced banks to start measuring and managing operational risks (OpRisk) risks arising from the failure of people, processes, systems and external events. Contrary to market and credit risk, there are no standard methods for the quantification of ope...
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