March 2002
Intermediate to advanced
176 pages
3h 48m
English
book
Asset and Liability Management: The Banker’s Guide to Value Creation and Risk Control, Second Edition
by Jean Dermine, Youssef F. Bissada
Content preview from Asset and Liability Management: The Banker’s Guide to Value Creation and Risk Control, Second Edition
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Advanced measurement approach (AMA)
A disadvantage of the standardized approach is that it is the same for all banks, whether or not they have good control of operational processes. So as to encourage banks to control operational risk and benefit from a lower capital charge, banks can themselves estimate statistically what could be the worst operational losses, for a confidence level of 99.9%. This requires the estimation of two factors: the number (frequency) of operational losses over a year, and the potential magnitude of these operational losses. The measurement of operational risk relies on techniques developed in the fields of statistics, insurance mathematics and engineering. For example, techniques developed in hydrology, to assess the ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.