Measuring and Managing Operational Risks in Financial Institutions
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Measuring and Managing Operational Risks in Financial Institutions by Christopher Marshall
A comprehensive and innovative look at how to protect financial institutions from operational risks Operational risk is the risk associated with human error, systems failures, and inadequate controls and procedures in information systems or internal controls that will result in an unexpected loss. According to a recent survey, about seventy percent of banks consider operational risk as important as market or credit risks. Nearly a quarter of the same banks admit to operation-related losses of more than USD1.6 million-many cases are so embarrassing that banks will not actually admit any error on their part. Firms are just beginning to develop their own operational risk management systems and they need guidance on how to do it. This book will help them identify, measure, and manage their operational risks. Christopher Marshall (Singapore) is Associate Director of the Center for Financial Engineering at the National University of Singapore. He has written numerous articles in Risk magazine and Harvard Business School cases.| SKU | Unavailable |
| ISBN 13 | 9780471845959 |
| ISBN 10 | 0471845957 |
| Title | Measuring and Managing Operational Risks in Financial Institutions |
| Author | Christopher Marshall |
| Series | Wiley Frontiers In Finance |
| Condition | Unavailable |
| Binding Type | Hardback |
| Publisher | John Wiley & Sons (Asia) Pte Ltd |
| Year published | 2000-12-18 |
| Number of pages | 350 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |