Managing Operational Risk: 20 Firmwide Best Practice Strategies Contributor(s): Hoffman, Douglas G. (Author) |
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ISBN: 0471412686 ISBN-13: 9780471412687 Publisher: Wiley OUR PRICE: $117.00 Product Type: Hardcover - Other Formats Published: January 2002 Annotation: Details of the 20 best management strategies for operational risk "Finally, we have a comprehensive, practical tool for operational risk. This book covers all critical aspects of operational risk, from simply how to get started to the complex modeling of the risk. The case studies are especially useful." "Doug Hoffman was in the business of managing operational risk before most and it shows. His book is both comprehensive and to the point-a tough combination to achieve." "Operational risk has become a central issue in the management of enterprise risk and for capital adequacy standards for financial institutions. Doug Hoffman is among the very few pioneers in developing an understanding of operational risk, the discipline of operational risk management, and related capital attribution standards for economic and regulatory capital. This book will become a reference work for the financial services industry and financial regulators." "In a quickly evolving area, this book provides a balanced and thorough discussion of the variety of approaches a bank can use to establish a risk management and measurement system for operational risk. The book presents a solid conceptual analysis of the issues to consider, paired with practical guidance." Managing Operational Risk is the answer for executives and operational risk managers of financialfirms who want to establish the best policies for bridling operational risk at a firmwide and enterprise-wide level. The techniques and practices presented here include:
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Additional Information |
BISAC Categories: - Business & Economics | Corporate Finance - General - Business & Economics | Entrepreneurship - Business & Economics | Investments & Securities - General |
Dewey: 658.155 |
LCCN: 2001026853 |
Series: Wiley Finance |
Physical Information: 1.66" H x 6.44" W x 9.57" (2.17 lbs) 576 pages |
Descriptions, Reviews, Etc. |
Publisher Description: Managing Operational Risk ist ein ma geblicher Leitfaden zum Handling des operativen Risikos in Finanzinstituten. Als operatives Risiko bezeichnet man das Risiko für mögliche unerwartete Verluste, die auf Systemfehler, nicht adäquate interne Steuerungs- und Kontrollmechanismen sowie auf menschliches Versagen und höhere Gewalt zurückzuführen sind. Erläutert werden hier alle grundsätzlichen Fragen, angefangen bei einer ausführlichen Definition des Begriffs operatives Risiko, bis hin zu Entwurf und Implementierung anspruchsvoller Riskmanagement-Systeme. Darüber hinaus werden neueste Verfahren zur Erstellung von Computermodellen ebenso erörtert wie führende Methoden zur Integration von Legacy Systemen für die Bewertung und Erfassung operativer Risiken. Managing Operational Risk ist ein sachlich-prägnanter Ratgeber zur Bewertung und Minimierung des operativen Risikos. Geschrieben von Douglas Hoffman, einem international führenden Experten auf diesem Gebiet. Mit zahlreichen Fallstudien zu Spitzenfinanzinstitutionen weltweit. |