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The Operational Risk Handbook for Financial Companies: A guide to the new world of performance-oriented operational risk by Brian Barnier

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Acknowledgements

It was a chilly day in New England when an email arrived from Chris Parker of Harriman House—“Ever given any thought to writing a book for professionals?” That simple question not only kicked off this book, but also forced me to more systematically understand and respond to the challenges and needs of operational risk management professionals than ever before. As Chris and I talked further, the thought emerged of a book in which to collect the tools of operational risk management (ORM) as part of a new approach that emphasized performance rather than mere compliance. This too was a ‘light bulb’ moment. Typical tools have been a loose assortment, without the framework context found in other risk disciplines. Further, many tools ...

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