O'Reilly logo

Mastering Operational Risk, 2nd Edition by John Thirlwell, Tony Blunden

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

9

Modelling

About operational risk modelling

Previous approaches to operational risk modelling

Towards an inclusive approach

Distributions and correlations

Practical problems in combining internal and external data

Confidence levels and ratings

Obtaining business benefits from capital modelling

Modelling qualitative data

Obtaining business benefits from qualitative modelling

Summary

ABOUT OPERATIONAL RISK MODELLING

Much has been written about the mathematical modelling of operational risk. Unfortunately, almost all of the writing has been very mathematical and with very little focus on the business benefits. It is almost as though the modelling of operational risk should be sufficient in itself as an intellectual exercise. Modelling appears ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required