are discussed, and then, some solutions are recommended. Moreover, all steps of operational risk measurement based on Loss …

This paper investigates the characteristics of the operational loss data formation mechanism that takes place between …. The first loss that characterizes the initial impact of a new operational risk event frequently triggers a sequence of … of secondary losses is not homogeneous: both are functions of the initial loss amount and time. We model the arrival …

characteristics are analyzed from both the trend and loss severity perspectives. Finally, the piecewise-defined severity distribution … based-Loss Distribution Approach (PSD-LDA) with double truncation is utilized to assess the operational risk. Two main …