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Die Behandlung der operationellen Risiken nach Basel II: Ein Anreiz zur Verbesserung des Risikomanagements?

Rünger, Petra; Walther, Ursula - Fakultät Wirtschaftswissenschaften, Technische … - 2004

Risikomanagement der operationellen Risiken dürfte in Zukunft ein entscheidender Wettbewerbsfaktor sein. Im Rahmen der Neuregelung der … bankaufsichtsrechtlichen Vorgaben gemäß Basel II werden sowohl eine Eigenkapitalunterlegung als auch qualitative Vorgaben zum Risikomanagement … dieser Risikoklasse neu eingeführt. Erklärtes Ziel ist es, Anreize für ein verbessertes Risikomanagement zu setzen. Die …

Persistent link: https://www.econbiz.de/10009207050

Operational risk: Emerging markets, sectors and measurement

Mitra, Sovan; Karathanasopoulos, Andreas; Sermpinis, … - In: European Journal of Operational Research 241 (2015) 1, pp. 122-132

lack of investment in decision support systems in emerging markets, even though inadequate operational risk management is a … key cause of discouraging external investment. This has also been exacerbated by insufficient understanding of operational …

Persistent link: https://www.econbiz.de/10010939785

Risk management in Takaful

Akhter, Waheed - Volkswirtschaftliche Fakultät, … - 2010

affect operational and investment functions of Takāful operators across the globe. It lays down criteria for Takāful operator …

Persistent link: https://www.econbiz.de/10011261182

Managing operational disruptions through capital adequacy and process improvement

Mizgier, Kamil J.; Hora, Manpreet; Wagner, Stephan M.; … - In: European Journal of Operational Research 245 (2015) 1, pp. 320-332

Firms maintain a capital charge to manage the risk of low-frequency, high-impact operational disruptions. The loss distribution approach (LDA) measures the capital charge using two inputs: the frequency and severity of operational disruptions. In this study, we investigate whether or not capital...

Persistent link: https://www.econbiz.de/10011264290

Model Risk - From Epistemology to Management. Ipse se nihil scire id unum sciat. (Socrates' Plato)

Hassani, Bertrand K - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2015

One of the main concern and regulatory topic financial institutions have to deal with is the model risk. Senior managers tend to consider more and more model risk as one of the highest exposure a financial institution has (as illustrated by the lastest EBA paper related to Advanced Measurement...

Persistent link: https://www.econbiz.de/10011268209

Copulas for finance

Bouye, Eric; Durlleman, Valdo; Nikeghbali, Ashkan; … - Volkswirtschaftliche Fakultät, … - 2000

Copulas are a general tool to construct multivariate distributions and to investigate dependence structure between random variables. However, the concept of copula is not popular in Finance. In this paper, we show that copulas can be extensively used to solve many financial problems.

Persistent link: https://www.econbiz.de/10011114301

The determinants of frequency and severity of operational losses in Tunisian insurance industry.

Hemrit, Wael; Arab, Mounira Ben - In: Journal of Risk Finance 13 (2012), pp. 438-475

Purpose – The purpose of this paper is to examine the determinants of operational losses in insurance companies. Design/methodology/approach – By using most common estimates of frequency and severity of losses that affected business-lines during 2009, the paper integrates a quantitative...

Persistent link: https://www.econbiz.de/10010815066

Operational risk escalation: An empirical analysis of UK call centres

Bryce, Cormac; Cheevers, Carly; Webb, Rob - In: International Review of Financial Analysis 30 (2013) C, pp. 298-307

The paper investigates operational risk reporting behaviour and policy dissemination in the selling of financial products by a major British insurance company's call centres. The analysis of the predispositions of call centre employees to escalate operational risks within their working...

Persistent link: https://www.econbiz.de/10010730284

Operational risk of option hedging

Mitra, Sovan - In: Economic Modelling 33 (2013) C, pp. 194-203

Operational risk is increasingly being recognised as a significant area of risk and regulation, yet there exists relatively little research on it. In this paper we show that operational risk represents a fundamental risk to option hedging and investigate it by proposing a new theoretical model....

Persistent link: https://www.econbiz.de/10010737959

Good Practices to Manage Operational Risk in Financial Institutions

Delfiner, Miguel; Mangialavori, Ana; Pailhé, Cristina - In: Ensayos Económicos 1 (2007) 47, pp. 93-125

The Basel Committee on Banking Supervision (BCBS) defined operational risk (OR) as the risk of losses resulting from the inadequacy or failures in the internal processes, people and systems, or from external events. This definition includes the legal risk but excludes strategic and reputational...

Persistent link: https://www.econbiz.de/10010849654