Measuring and Managing Operational Risks in Financial Institutions is popular PDF and ePub book, written by Christopher Lee Marshall in 2001-01-12, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Measuring and Managing Operational Risks in Financial Institutions can be Read Online from any device for your convenience.
Measuring and Managing Operational Risks in Financial Institutions Book PDF Summary
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 $1.6 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.
Detail Book of Measuring and Managing Operational Risks in Financial Institutions PDF
- Author : Christopher Lee Marshall
- Release : 12 January 2001
- Publisher : Wiley
- ISBN : 0471845957
- Genre : Business & Economics
- Total Page : 0 pages
- Language : English
- PDF File Size : 10,5 Mb
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