ABSTRACT
Taking into account the standards of the Basel Accord, Operational Risk Modelling and Management presents a simulation model for generating the loss distribution of operational risk. It also examines a multitude of management issues that must be considered when adjusting the quantitative results of a comprehensive model.The book emphasizes techniqu
Introduction to Operational Risk. The Problem Context. The Modelling Approach. Managing Operational Risk. Conclusions. Appendix. Bibliography. Index.
