Operational risk toward Basel III: best practices and issues in modeling, management, and regulation
"Divided into four comprehensive sections - Operational Risk Measurement: Qualitative Approaches; Operational Risk Measurement: Quantitative Approaches; Operational Risk Management and Mitigation; and Issues in Operational Risk Regulation and the Fund Industry - this detailed guide not only con...
Gespeichert in:
Format: | Buch |
---|---|
Sprache: | English |
Veröffentlicht: |
Hoboken, NJ
Wiley
2009
|
Schriftenreihe: | Wiley finance series
|
Schlagworte: | |
Online-Zugang: | Inhaltsverzeichnis Klappentext |
Zusammenfassung: | "Divided into four comprehensive sections - Operational Risk Measurement: Qualitative Approaches; Operational Risk Measurement: Quantitative Approaches; Operational Risk Management and Mitigation; and Issues in Operational Risk Regulation and the Fund Industry - this detailed guide not only contains contributed chapters that provide an abundant amount of information regarding operational risk, but it also walks you through a wide array of case studies and examples that will solidify your understanding of the issues discussed." "While operational risk has long been regarded as a mere part of "other" risks-outside the realm of credit and market risk-it has quickly made its way to the forefront of finance. With the implementation of the Basel II Accord throughout the developed world and Basel III on the horizon, many financial professionals, as well as those preparing to enter this field, must be familiar with a variety of issues related to operational risk modeling, management, and regulation. Operational Risk toward Basel III contains the information you need to achieve this goal."--BOOK JACKET. |
Beschreibung: | XXVI, 497 S. Ill., graph. Darst. |
Internformat
MARC
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264 | 1 | |a Hoboken, NJ |b Wiley |c 2009 | |
300 | |a XXVI, 497 S. |b Ill., graph. Darst. | ||
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520 | 1 | |a "Divided into four comprehensive sections - Operational Risk Measurement: Qualitative Approaches; Operational Risk Measurement: Quantitative Approaches; Operational Risk Management and Mitigation; and Issues in Operational Risk Regulation and the Fund Industry - this detailed guide not only contains contributed chapters that provide an abundant amount of information regarding operational risk, but it also walks you through a wide array of case studies and examples that will solidify your understanding of the issues discussed." "While operational risk has long been regarded as a mere part of "other" risks-outside the realm of credit and market risk-it has quickly made its way to the forefront of finance. With the implementation of the Basel II Accord throughout the developed world and Basel III on the horizon, many financial professionals, as well as those preparing to enter this field, must be familiar with a variety of issues related to operational risk modeling, management, and regulation. Operational Risk toward Basel III contains the information you need to achieve this goal."--BOOK JACKET. | |
650 | 4 | |a Banks and banking, International / Risk management | |
650 | 4 | |a Bank capital / Mathematical models | |
650 | 4 | |a Financial risk management / Mathematical models | |
650 | 4 | |a Mathematisches Modell | |
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650 | 4 | |a Banks and banking, International |x Risk management | |
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999 | |a oai:aleph.bib-bvb.de:BVB01-017309723 |
Datensatz im Suchindex
_version_ | 1804138810722746368 |
---|---|
adam_text | Contents
Foreword
ix
About the Editor
xi
Acknowledgments
хш
About the Contributors
xv
PARTIKÉ
Operational Risk Measurement: Qualitative Approaches
CHAPTER
1
Modeing Operational Risk Based on Multiple Experts Opinions
3
Jean-Philippe Peters and Georges
Hübner
CHAPTER
2
Consistent Quantitative Operational RJsk Measurement
23
Andreas A. Jobst
CHAPTERS
OiienMinalRlskliasedinCnivkniem^
09
Andrea Giacomelli and Loriana Pelizzon
CHAPTER
4
Due Pham-Hi
Vi
________________________________________________________
CONTENTS
CHAPTERS
Identítying
and Mffigatmg
Perceived Risks
m
the Bank
Service Cham: A New Formalization
Ettort
to Address
the Intanglile and Heterogeneous Natures of
Kmwtedge-Based Services
87
Magali
Dubosson and Emmanuel
Fragnière
CHAPTERS
Operational Risk and Stock Market Returns: Evidence from Turkey
115
M. Nihat Solakoglu and K. Ahmet
Köse
PART TWO
...,,.,,......,,, ,·. ............. ,,.„.„,,. ,„,*,„«„«*«»
Operational Risk Measurement: Quantitative Approaches
CHAPTER
7
Integrating Op
Msk
hito
Total Vafi
131
Niklas
Wagner and Thomas Wenger
CHAPTERS
Importance
Sampang
Techniques tor Large QuantHe
Estimathm to the Advanced Measurement Approach
155
Marco Bee and Giuseppe Espa
CHAPTERS
One-Slded Cross-VaUatlon for Density
Estimation
with an
Appfcation to Operational Risk
177
María
Dolores Martinez Miranda, Jens Perch Nielsen,
and Stefan A. Sperlich
CHAPTER
10
Muffi/ariate
Models for Operational Risk:
A Cinda
Approach
Using Extreme Value Theory and
Poisson
Shock Models
187
Omar Rachedi and Dean Fantazzini
CHAPTER
11
Hrst^Jnto-ApppoxlmatkinstoOpepattonalRirtrDeoeiidence
218
Klaus
Böcker
and Claudia Kliippelberg
Contents___________________________________________________
Vi
PARTTHBJŒ
. ... . ......... ...........
...........,_ж
w_,«,.
Operational Risk Management and Mitigation
CHAPTERS
Integrating
Managemenť1
into OpRisk Managemetrt
249
Wilhelm K. Kross
СНАРТВПЗ
Openationał
Risk Management: An Emergent Industry
271
Kimberly D.
Krawiec
CHAPTERS
OpRisk Insurance as a Net Value Generator
288
Wilhelm K. Kross
and Werner Gleissner
CHAPTER
15
Operational Risk Versus Capital Requirements imder Itew
Italian Bankhg Capital Regulation: Are
Smal
Banks
Penabeđ?
811
Simona
Cosma, Giampaolo
Gabbi,
and Gianfausto
Salvadoři
CHAPTER 1G
Simple Measures lor Operational Risk Reduction? An
Assessiw^oi Indicate»* and Drawbacks
887
Silke N.
Brandts and Nicole Branger
Issues In Operational Risk Regulation and the Fund Industry
CHAPTERS
TowartanEwnomicandReguWiryBencnBartune
hoicator tor Bankhg Systems
даі
John L. Simpson, John Evans, and Jennifer Westaway
CHAPîERie
Guy Ford, Maike Sundmacher, Nigel Finch, and Tyrone
M. Carlin
yjjj
___________________________________________________________CONTENTS
CHAPTHtia
Operational Risks
bi
Payment and Securities Setttement
Systems: A Challenge for Operators and Regulators
307
Daniela
Russo
and
Pietro Stecconi
chapter
20
Actual and Potential Use of Unregulated financial Institutions
lor Transnational Crime
413
Carolyn Vernita Currie
СНАРТНШ
Case Studtes In Hedge Fund Operational Risks: From
Amaranth to Wood River
435
Keith H. Black
GHAP1ER22
A Msk
of Run Approach
f
or Evaluating CommodRy
Trading Advisors
453
Greg
N.
Gregoriou and
Fabrice
Douglas Rouah
chapters
hlentnyingaiidmgatngVakiatta
405
Meredith A. Jones
Index
478
$95.00
USA/SIOS.OO
CAN
(continued from front flap)
Recent developments in the financial world
have once again brought the issue of risk man¬
agement to the forefront. Without a doubt,
international banking reforms are now more
important than ever, and understanding current
compliance issues as well as the effects of future
accords such as Basel III is essential.
While newly developed and optimized finan¬
cial products are supposed to provide bet¬
ter protection against credit and market risk,
the factors involved in the operational risk
arena continue to grow in complexity. That s
why editor and financial expert Greg
N.
Gregoriou has created Operational Risk
/award Basel III. In it, he brings together
experienced practitioners, consultants, and
academics to analyze key concepts associated
with this discipline.
Divided into four comprehensive sections
—
Operational Risk Measurement: Qualitative
Approaches; Operational Risk Measurement:
Quantitative Approaches; Operational Risk
Management and Mitigation; and Issues in
Operational Risk Regulation and the Fund In¬
dustry
—
this detailed guide not only contains
contributed chapters that provide an abundant
amount of information regarding operational
risk, but it also walks you through a wide array
of case studies and examples that will solidify
your understanding of the issues discussed.
Topics covered, include:
•
Operation risk (OpR) management under
the new Basel Capital Accord
•
Dealing with the intangible nature of
banking services
•
OpR vs. capital requirements under new
banking capital regulations
(continued on back flap)
•
Integrating OpR into total Value-at-Risk
(VaR)
•
OpR disclosure in financial services firms
•
Hedge fund operational risks
•
OpR in securities clearing and settlement
systems
While operational risk has long been regard¬
ed as a mere part of other risks
—
outside
the realm of credit and market risk
—
it has
quickly made its way to the forefront of fi¬
nance. With the implementation of the Basel
II Accord throughout the developed world and
Basel III on the horizon, many financial profes¬
sionals, as well as those preparing to enter this
field, must be familiar with a variety of issues
related to operational risk modeling, manage¬
ment, and regulation. Operational Risk toward
Basel III contains the information you need to
achieve this goal.
GREG
N.
GREGORIOU, PhD, is Professor
of Finance in the School of Business and Eco¬
nomics at the State University of New York at
Plattsburgh. He has written over fifty articles
on hedge funds and managed futures in vari¬
ous peer-reviewed publications. In addition
to a multitude of publications with a variety
of publishers, Gregoriou is author of the fol¬
lowing Wiley books: Stock Market Liquid¬
ity; International Corporate Governance After
Sarbanes-Oxley; Commodity Trading Advisors;
Hedge Funds: Insights in Performance Mea¬
surement, Risk Analysis, and Portfolio Allo¬
cation; and Evaluating Hedge Fund and
СТА
Performance.
Jacket Design: Pro-Art Graphic Design
Jacket Photograph: ©Radius Images/Alamy
Subscribe to our free Finance and Investing eNewsletter at
wiley.com/enewsletters
| Visit wileyfinance.com |
WILEY
wiley.com
|
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dewey-tens | 330 - Economics |
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spelling | Operational risk toward Basel III best practices and issues in modeling, management, and regulation Greg N. Gregoriou Hoboken, NJ Wiley 2009 XXVI, 497 S. Ill., graph. Darst. txt rdacontent n rdamedia nc rdacarrier Wiley finance series "Divided into four comprehensive sections - Operational Risk Measurement: Qualitative Approaches; Operational Risk Measurement: Quantitative Approaches; Operational Risk Management and Mitigation; and Issues in Operational Risk Regulation and the Fund Industry - this detailed guide not only contains contributed chapters that provide an abundant amount of information regarding operational risk, but it also walks you through a wide array of case studies and examples that will solidify your understanding of the issues discussed." "While operational risk has long been regarded as a mere part of "other" risks-outside the realm of credit and market risk-it has quickly made its way to the forefront of finance. With the implementation of the Basel II Accord throughout the developed world and Basel III on the horizon, many financial professionals, as well as those preparing to enter this field, must be familiar with a variety of issues related to operational risk modeling, management, and regulation. Operational Risk toward Basel III contains the information you need to achieve this goal."--BOOK JACKET. Banks and banking, International / Risk management Bank capital / Mathematical models Financial risk management / Mathematical models Mathematisches Modell Bank capital Mathematical models Banks and banking, International Risk management Financial risk management Mathematical models Internationaler Kreditmarkt (DE-588)4120506-6 gnd rswk-swf Risikomanagement (DE-588)4121590-4 gnd rswk-swf Internationaler Kreditmarkt (DE-588)4120506-6 s Risikomanagement (DE-588)4121590-4 s DE-604 Gregoriou, Greg N. 1956- Sonstige (DE-588)132185016 oth Digitalisierung UB Bayreuth application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017309723&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis Digitalisierung UB Bayreuth application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017309723&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Klappentext |
spellingShingle | Operational risk toward Basel III best practices and issues in modeling, management, and regulation Banks and banking, International / Risk management Bank capital / Mathematical models Financial risk management / Mathematical models Mathematisches Modell Bank capital Mathematical models Banks and banking, International Risk management Financial risk management Mathematical models Internationaler Kreditmarkt (DE-588)4120506-6 gnd Risikomanagement (DE-588)4121590-4 gnd |
subject_GND | (DE-588)4120506-6 (DE-588)4121590-4 |
title | Operational risk toward Basel III best practices and issues in modeling, management, and regulation |
title_auth | Operational risk toward Basel III best practices and issues in modeling, management, and regulation |
title_exact_search | Operational risk toward Basel III best practices and issues in modeling, management, and regulation |
title_full | Operational risk toward Basel III best practices and issues in modeling, management, and regulation Greg N. Gregoriou |
title_fullStr | Operational risk toward Basel III best practices and issues in modeling, management, and regulation Greg N. Gregoriou |
title_full_unstemmed | Operational risk toward Basel III best practices and issues in modeling, management, and regulation Greg N. Gregoriou |
title_short | Operational risk toward Basel III |
title_sort | operational risk toward basel iii best practices and issues in modeling management and regulation |
title_sub | best practices and issues in modeling, management, and regulation |
topic | Banks and banking, International / Risk management Bank capital / Mathematical models Financial risk management / Mathematical models Mathematisches Modell Bank capital Mathematical models Banks and banking, International Risk management Financial risk management Mathematical models Internationaler Kreditmarkt (DE-588)4120506-6 gnd Risikomanagement (DE-588)4121590-4 gnd |
topic_facet | Banks and banking, International / Risk management Bank capital / Mathematical models Financial risk management / Mathematical models Mathematisches Modell Bank capital Mathematical models Banks and banking, International Risk management Financial risk management Mathematical models Internationaler Kreditmarkt Risikomanagement |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017309723&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017309723&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA |
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